Ann: Acquisition of Moranbah Project, page-75

please listen to the podcast and watch the webinar
this assett became a non core assett to both owning parties, the ESG requirements were becoming to great with all the gas flaring and excess gas brought to the atmosphere.
they wanted a clean break and happy to take a loss (tax deduction) on t heir other profits via paying to get rid of the assett to QPME who need the excess gas and can now make the asset profitable with capturing the gas and adhering to future esg requirements

also they are able to sell the gas at peak time to the electricity grid. this asset alone should put us at over 1 billion market cap with PE of 10 without including the TECH project and alread y1.4 bill in finance.

IMO we should be at 1.5-2bill market cap after this take over is complete, capital stack is complete and we have FID