Ann: Sinopec & NCF sign term sheet to commercialise in China-GER.AX, page-12

Sinopec Group ranked second in the Fortune Global 500 in 2015, with reported revenues of US$447 billion.

Validation from this company alone is huge! This news has definitely gone under the radar today, with many not realising the significance of what Sinopec will bring to the table. They have the resources bring this into commercialisation very fast starting in China.

Revenue figures will be defined at a later stage. I believe it will more likely eventually lead to an acquisition of our interests in NCF