I guess it’s not your style to tell it how it really is, word...

I guess it’s not your style to tell it how it really is, word for word from the annual report.  Seems like a prudent decision IMO at this stage of development.

HYDROGEN
After a number of years when little external interest was shown in Eden’s hydrogen production process and related technologies that it has successfully developed and commercialised, over the past year interest in these technologies has started to re-emerge, largely driven by its relatively low costs, low Greenhouse Gas footprint (no CO2 is directly produced in the production of the hydrogen), and the significant value of the carbon that is produced in the process (being either carbon nanotubes or carbon nano-fibres).

Discussions with a multinational chemical company that expressed interest in Eden’s hydrogen production process occurred over more than 12 months and culminated in
a laboratory scale trial during the June 2019 quarter to measure the efficiency of Eden’s hydrogen / carbon pyrolysis based production process to evaluate its potential for use as a low cost, low Greenhouse Gas emissions method to produce large quantities of relatively low cost hydrogen and carbon nanotubes or carbon nanofibres.

Whilst these trials produced encouraging results confirming the efficiency of the Eden process, at this stage as no external research funding was available to the third party to pursue further research into this project, no additional collaboration between the parties is currently planned. Eden may still consider exploring possible collaboration with other suitable third parties. However, with its staff being heavily committed on existing projects, this may not be a high priority objective for Eden, as at present this project is considered possibly more likely to lead only to longer term, rather than shorter term, market opportunities. However, Eden will periodically review this in case this situation should change.