Hi everyone,Just out of interest I started flicking through...

Hi everyone,

Just out of interest I started flicking through previous investor presentations and note the following from the 2015 investment presentation submitted on the 19 November:

Commercial Operation of ISG has been demonstrated at the following sites around the world:

  * Angren, Uzbekistan - 60 years of operation

  * Eskom, Majuba South Africa - co-firing power station with syngas

My comment: its a proven way of bring this into commercial reality!!

Another extract:

* gas production cost to rise from historical $2-3/GJ to long term marginal cost of $6-8/GJ

My comment: Its now $12/GJ....how time and demand has changed!!

Another extract:

* Commercial has production 2018/19 (assuming no major delays)

My comment:...gas flaring was projected to be in October 2016 and we have acheived it 2 years later. This doesn't change my opinion about the company. Clearly there were major delays and big hurdles to get over.

Another extraction:

* QLD investment Corp buys IONA 27 PJ gas storage (VIC) $1.7bn (40x- pre-tax earnings)

* Santos proposed takeover / current rights issue

* Mergers: Beach Energy with Drillsearch

My comment: WOW. WOW. WOW....watch this space. 

Anther extraction:

* Blackouts in Adelaide recently

My comment: Wasn't that a pre-lude of things to come!

Another extraction:

* Current market cap of $46m equates to 46 PJ at $1:00/GJ in ground

My comment: today using the same math...$2,000 million (or 2Billion) equates to 2000PJ at $1:00/GJ in ground??

Final comments:

I found this historical investor presentation very insightful for today...believe it or not!