Ann: Compressed Hydrogen Shipping Memorandum of Understanding, page-48

I think a lot of investors have woken up to the fact that this is a HUGE project (up to $14B!!) and it isn’t going to all happen overnight, or any time soon for the matter. Perhaps there’s just some better short term opportunities elsewhere.

Also, recent interviews with DF state federal government needs to come onboard the green energy train and until then that is basically THE one obstacle that could prevent all this from going ahead. I think otherwise DF has little doubt that all the other ducks will line up as Total Eren will find a way to make this work! But I don’t think we will see any significant rerate in price until we get the announcement regarding federal government support I’m afraid….perhaps NI will give it another pump or two along the way!

GLTAH