Ann: NRZ to produce Hydrogen in China, page-225

Exciting stuff come out of the hydrogen interviews.

The hydrogen project is a wonderful bonus. This risk-free side of the business could also be very lucrative. A result of the knowledge gained by building and operating a $150 million pilot plant several years ago. Now coinciding with a global energy crisis that has seen a minimum of 5 to 6 countries banging down NRZ's door to get hold of their expertise and know-how.

Ultimately, NRZ’s end game is urea production. They will be the cheapest of anyone by far which could be so important given that predicted El Niño patterns that could upset our coming growing seasons (70% chance this season). If there is going to be less rainfall then we need to make sure that whatever we do produce has the most optional chance to support our local agricultural industry at the most cheapest of costs and predictably. No other Australian development will have the same impact on inflationary pressures.

Australia’s domestic food security needs will trump over the BS. NRZ's disruptive tech will challenge the 'validity' of other flawed projects simply because we have proven our tech works and know what the costs structures are. To be able to produce it at the cheapest is critical for the securing of supply for our struggling farmers and the general health of the economy. Especially, as the consumer is already seeing rising food prices..

This isn't about who's got the deepest pockets anyone. It's about who will be able to deliver a competitive product. And no one is nearly as blessed with NRZ's tier1 ESG project credentials.

Highly leverage for a big re-rate!

AIMO, DYOR GLTA(patient)H