Ann: Cliff Head Oil Export Continues, page-19

13m~mc seems a bit of a joke imho, some reasons why below.


1. Market leader in the energy transition space with a significant first mover advantage in CCS due to its Cliff Head infrastructure.

2. Significant partnerships and progress with leading Australian energy players (APA Group and Warrego)
Apa group has a 12bn mc WGO Is currently in the middle of a bidding war with offers on the table from multiple parties.

3. Support of Government and alignment with key clean energy initiatives and long-term emissions reduction plan

4. MoU with 8 Rivers Capital (8 Rivers) to invest $1 million in the Mid West Project, including an offtake option for 172,500 tpa of clean ammonia to be exported into Asian markets.

5. successful completion of the feasibility studies that confirmed Pilot can produce ~61,000 tpa of clean hydrogen, which can subsequently be used to produce ~350,000 tpa of clean ammonia for export into Asia. offtakes in the wind?