Another example of "Gollum" a mysterious cyanobacterial mucilage seen in cloud forests throughout New Zealand - see also https://inaturalist.nz/observations/8761910.
This specimen noted on the lower canopy branches of silver beech (Lophozonia menziesii) growing amongst bryophytes, lichens and Hymenophyllum multifidum.
Sample sent to Dr Phil Novis to see what it really is. The current generic name used here is a suggestion made by Dr Novis in 2017. At the time Dr Novis asked to examine a specimen.