I'm not going to engage in hypothesizing. ICN HAS 100% of a...

I'm not going to engage in hypothesizing. ICN HAS 100% of a massive natural gas PROVENCE in APT855 with a 16 year Licence.
Now, either the natural gas can be produced and sold, currently in very short supply worldwide and at record prices, or, that very same natural gas (methane) with high pressure and heat, can be converted into hydrogen with carbon capture.
The natural gas is in great demand and hydrogen is going to be the centre of THE "plan" to replace hydrocarbons ("the next oil"), and the Australian government is using that as a MAJOR target for a new industry and to reduce carbon emissions, as are many other countries.
I reckon that Ray James has BOTH of those avenues to persue.
I'm most certainly not giving up on him, do so at your own risk. People are buying into it, starting with that $600,000 from 3 Top 20 shareholders. Says something to me too, big time.