lyondellbasell, page-14

The sooner CNX prove their technology the better! This technology is Globally transportable/transferable so in the long term its not just limited to or relying on QLD or IPL etc.

Also the current 100mt resource at Bloodwood creek is not effected by overlapping tenures and is enough to supply Incitec Pivot with a 30 year ammonia plant.

At present CNX have proven they can gasify and produce commercial quality power from UCG using air alone (the prefered method for power generation). But they just need to get the oxygen injection part running smoothly.

The stage 2 reconfiguration should have already been finished. Hopefully the oxygen injection is running smooth now as Mr Dash is on holidays this week so stay tuned for more updates from the company soon.

LM