I think adoption of the iBC in the context of CSG waste water will be focused in Queensland due to the waste levy, thats really where the money is at. Caustic really just pays for OPEX IIRC. Though it looks like the NT government, as part of its strategy for waste recovery, will soon be implementing a waste levy.
while a controversial project, the Beetaloo Basin moving forward, in conjunction with a waste levy in the NT could be pretty big for iBC. The players exploring that area, in most part, are the same players that I expect we will be involved with in QLD over the coming years.
Catch Up with Bahay Jun Qtr 22, page-62
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