Here are some pics that I got from Webinar and some of my own...

Here are some pics that I got from Webinar and some of my own comments:







Submit Environmental impact report – move forward last Stage 3 of 6 stage process….2P reserve, no environmental impact



Demonstrate to Government that impactsMonitoring is continuing until commercial approval process.


Results showed quality of gas was betterCan manipulate flowrates and ability to convert for power or leave it for fertiliser.Quantity can be manipulated.





Two landmark – 2P and other was disruptive to fertiliser market.

Make urea Less then $100 per tonne…$250 in China….US and Russia above $200 per tonne…no-one can get close. Make it 50% cheaper then other companies across world.

Economics will determine to go with urea or pipeline gas

Foundation partner but operational expertise…Approached by numerous large companies.

Joint venture in China – getting revenue stream prior to production.A lot of deep coal in China….consult, evaluate coal, and then start discussion on joint ventures – several companies.Can we expect a deal soon?Can be complex in China. Stay close with Government but stay away from politics.CNE are not state owned enterprise. Quite optimistic pretty soon.



Stage 4 and 5 is being worked on.Constant communication with Department. No safety or environmental incidents.

ACCC…answers provided. Met with Federal Ministers.Recognised in China.

Shanghai energy exchange – trading gas ….CNE venture are complimentary.


Very confident being operational in 2020 – joint venture with CNEPotential sites for ISG – 3 different provinces – private and state owned enterprises.Capital required is large 6 stages To raise the SP we need to close the credibility gap. This gap is being closed as each stage is completed.