Yes AM27 that would be very significant for TEGThe CCS project...

Yes AM27 that would be very significant for TEG
The CCS project is still being supported and building - Announced yesterday by our JV partner Pilot:
$1.1 million R&D Tax refund.
The cash refund is from Australian Federal Government's Research & Development Tax incentive program.
Pilot's application identified the Mid West Clean Energy (MWCEP) ammonia export project with integrated CO2 Storage at Cliff Head oil field, and this was the basis of the successful application.
Now this has to be a strong indicator of Federal governments support and intentions for this project.
JV application to NOPTA (Federal) is a first of its kind and is the reason it is taking time to be processed as all the guidelines need to be prepared prior to assessments.
A lot of positive announcements and MOU's being established by Pilot recently and this one indicates why to me.
Looking forward to something from TEG management, hasn't been an announcement since the last quarterly, why the Export Oil Sales announcement didn't make ComSec or HC I don't know ????
My opinion
GLAH