Gold Hydrogen Ltd. · ASX:GHY
Gold Hydrogen — Shareholder Meeting (October 2024)
25 slides from Gold Hydrogen's shareholder meeting presentation, Oct 30, 2024
Slide 1: Committed to Developing Naturally Occurring Hydrogen and Helium in Australia
Committed to Developing Naturally Occurring Committed Hydrogen Naturally to Developing and Helium in Australia Occurring Hydrogen and Helium in Australia 1
Slide 2: Important Notice & Disclaimer
Important Notice & Disclaimer This presentation is not a prospectus, disclosure document or offering document under Australian law or under any other law. This presentation contains “forward looking statements” concerning the financial condition, results of operations and business It is for informat
Slide 3: Executive Summary – Natural Hydrogen and Helium
Executive Summary – Natural Hydrogen and Helium Title over certified Prospective Engagements to date with leading Resources global experts and contractors 1.3 billion kg of natural Hydrogen1 CSIRO, Schlumberger, Total Seismic, 41 Bcf of Helium1 Xcalibur, Savanna Energy Services (with a mean of 96 Bc
Slide 4: Hydrogen and Helium to date in PEL687
Hydrogen and Helium to date in PEL687 Extensive regional play across 7,400 km2 permit area Extracted from fluid inclusions in 35 of 46 rock chips from historical wells Extracted from fluid 2023-2024 2023-2024 95.8% H2 73% H2 inclusions in 29 of 46 rock 17.5% He 36.9% He chips from historical wells N
Slide 5: Industry Overview
Industry Overview (g Gold Hydrogen ae) hae 6h es: Sr ).™
Slide 6: Key Trends: Hydrogen
Key Trends: Hydrogen Hydrogen demand is forecast to include heavy transportation, Likely exporters / importers1 ammonia production, steel manufacturing, and various energy Australia has been identified as a likely exporter of natural hydrogen given its uses. Future growth will be driven by key adopt
Slide 7: Global Hydrogen Forecast
Global Hydrogen Forecast Substantial investment laying the foundation for Hydrogen use Source: Frost & Sullivan Report - Page 29 of Gold Hydrogen Prospectus Source: International Energy Agency, Oct-2021 1. Other includes buildings, agriculture and refineries goldhydrogen.com.au | ASX:GHY | 7
Slide 8: Types of Hydrogen Production
Types of Hydrogen Production Today, ~95% of all hydrogen produced is from natural gas Naturally occurring Hydrogen offers significant cost and / or carbon advantages relative to other Hydrogen production (manufacturing) processes Gold Hydrogen is exploring for ‘gold’ or ‘white’ (natural) Hydrogen Go
Slide 9: Key Drivers for Helium
Key Drivers for Helium The global wholesale helium market is expected to grow from an estimated US$5bn in 2023 to over US$8bn in 1 Up to 36.9%2 2030 There are commercial global gas projects with Indicatively pricing is currently approximately significant lower helium concentrations (>1%) USD400-500
Slide 10: Results
Resul aod ts ©) Hydrogen
Slide 11: Ramsay Project Milestone Snapshot
Ramsay Project Milestone Snapshot goldhydrogen.com.au | ASX:GHY | 11
Slide 12: Key Success Factors Exploration
Key Success Factors Exploration Ramsay Project ticks the boxes in respect of the key attributes for the formation and accumulation of Natural Hydrogen and Helium Key Success Factor Results of Exploration Activities The presence of Natural Hydrogen at up to 95.8% purity Via hydrolysis and / or and He
Slide 13: Gold Hydrogen Prospective Resources (Using PRMS guidelines)
Gold Hydrogen Prospective Resources (Using PRMS guidelines) Certified Prospective Hydrogen Resources, existing occurrences and Certified Prospective Helium Resources, Ramsay Field drill ready hydrogen prospects (calculated volume not determined) (PEL 687 Yorke Peninsula) Unrisked Prospective Hydroge
Slide 14: Ramsay 1 & 2 – Drilling Australia's First Natural Hydrogen Wells
Ramsay 1 & 2 – Drilling Australia’s First Natural Hydrogen Wells Ramsay 2 Ramsay 1 goldhydrogen.com.au | ASX:GHY | 14
Slide 15: Well Testing Program – Objectives
Well Testing Program – Objectives Primary Objective – Obtain gas samples for international analysis Achieved Secondary Objective – Extract gases to surface, including in formation fluid Achieved Conduct both open hole (R1) and isolated zone (R2) testing Achieved Analyse samples for purity and isotop
Slide 16: Exploration Well Testing Program – Interim Results
Exploration Well Testing Program – Interim Results • Gas successfully flowed to surface, numerous zones identified, and samples taken for analysis • Air-corrected hydrogen result of 95.8% confirmed for Ramsay 2 well at a depth of 531m. Refer ASX release of 27 May 2024 for full details • Helium MDT r
Slide 17: Stage 2 Well Testing – Ramsay 2 Hydrogen Concentrations Over Time
Stage 2 Well Testing – Ramsay 2 Hydrogen Concentrations Over Time Stage 2 well testing at depth 200m to 350m (zones 7 & 8) showed Hydrogen concentrations increased over time as the well was dewatered (refer ASX release of 2 August 2024) Note: gas samples from the annulus at the wellhead. Concentrati
Slide 18: Stage 2 Well Testing – Ramsay 1 Helium Concentrations Over Time
Stage 2 Well Testing – Ramsay 1 Helium Concentrations Over Time Stage 2 well testing of the open Helium zone in Ramsay 1 showed Helium concentrations increased over time as the well was dewatered (refer ASX release of 17 October 2024) Results measured at the gas separator; air and nitrogen corrected
Slide 19: Next Steps
Next Steps (@ Gold Hydrogen
Slide 20: Post-Well Testing – Objectives
Post-Well Testing – Objectives Review resource reporting and resource maturation opportunities Interpretation and analysis of 2D Seismic Program results Site and well design selection – further Ramsay wells Site and well design selection – wider Yorke Peninsula plays Initial Pilot Project – analysis
Slide 21: Key Success Factors Exploration & Appraisal – Work Program Next Steps
Key Success Factors Exploration & Appraisal – Work Program Next Steps Further appraisal activities are focused on establishing the commerciality of the Ramsay Project Key Success Factor Results from exploration activities since IPO Establish sustained flow rate to surface Exploration well testing wa
Slide 22: Key Team
Gold Hydrogen © Key Team a?
Slide 23: Key Management
Key Management Neil McDonald Josh Whitcombe Frank Glass Billy Hadi Subrata Julien Bourdet Founder & Managing Director Chief Operating Officer Chief Exploration Adviser Chief Technical Officer Geological Advisor Neil McDonald, with over 20 years Dr. Josh Whitcombe, a Chartered Frank Glass is a respec
Slide 24: Board of Directors
Board of Directors Neil McDonald Alexander Downer Katherine Barnet Roger Cressey Founder & Managing Director Independent Independent Executive Director Non-Executive Chair Non-Executive Director Commercial Operations Neil McDonald, with over 20 Alexander Downer, a prominent Katherine Barnet, a Chart
Slide 25: Neil McDonald, Roger Cressey, Karl Schlobohm
Neil McDonald Roger Cressey Karl Schlobohm Managing Director Executive Director CFO / Company Secretary nmcdonald@goldhydrogen.com.au rcressey@goldhydrogen.com.au kschlobohm@goldhydrogen.com.au + 61 7 3521 8038 + 61 7 3521 8038 + 61 7 3521 8038 Gold Hydrogen Limited | GPO Box 801 Brisbane, Qld, 400,