Ann: AustChina Holdings Limited 2023 Exploration Activities, page-87

I've read it, it said it as using a finance advisory company to evaluate a scientific process that uses coal to produce energy as AUH might do that or;

AUH might use the coal to produce hydrogen and ammonia (& a few other products).

As AUH has no infrastructure to do either of those options, nor the capital to build the infrastructure, then these options are just wishful thinking of what they could chose to do IF they had the capital.

Nor are they even willing to commit to a decision until they said scaled production is demonstrated.

Taking ECT as an example (as it is undertaking exactly the same thing, brown coal to either energy or hydrogen) that's been 10 years now of a similar trajectory that AUH has launched itself on, with only a small plant that compresses lignite and an artist's conception of what they want to do to show for $37 mill being spent.

The quote from AUH's announcement indicates a lot:

"Technology investment is a risky undertaking and hence, the Company plans further studies before committing to any project in a tight capital market environment."

Or AUH could just sell the coal.

I didn't read anything about plant/infrastructure to process the coal to energy/hydrogen planned.......