Agree Whatsa, and in fact, until we really understand the value of the graphite it's hard to fully understand how our costs compare with SMR - a high graphite value can change things dramatically. In this instance, I am assuming that they want to sequester the CO2 that's co-produced with the gas anyway. An alternative route would be to offset that CO2 and use the Hazer process for hydrogen, and I think there are many gasfields in Australia and elsewhere where that would make good sense as the sequestration option is not always cheap or simple. There's also a long lead time in proving the geology is suitable for sequestration.
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