Ann: Noosa Conference presentation, page-49

I can see a South Korean or Japanese firm farming into Grandis, the opportunity here for them to play with the big boys (Santos Shell - Gladstone) for a long term contract makes a lot of sense, min 1.2 to 1.5TCF, Grandis will give them a stake at the table, will Elixir sell or take a long-term cash flow? - I like the cash flow.
H2 will be a joint venture and we will be lucky to maintain approx. 20% of this entity, however, will be listed in Hong Kong or similar with a massive capital raise and with a couple of feasibility studies and MC will be looking at a $5 billion + company, this will probably hit a sweet spot at time of listing - China green steel etc. Could be a very hot stock for a period of time with a big green buzz.
Nomgon will truck along - Rio plus Govt energy projects will bring on a partner or buy out - tricky as the gas/hydrogen pipeline to China (400km of gas and hydrogen) will be a massive money spinner for someone that wants to commit, that would be hard to turn down in the short term as could link the three Jade/Elixir and TMK - I would put some cash into that. Elixir board needs to play that one well.
Time frame - 2 to 3 years - return $1 per play ($3 with huge blue sky on playing the long game). I don't see a short term shareholder payout as the longer term has too much potential, think the board will play the long game.
Not advice - just me reading the tea leaf's - should set up a great retirement fund.