Jade Gas Holdings Limited · ASX:JGH
Jade Gas — Shareholder Meeting (May 2024)
22 slides from Jade Gas's shareholder meeting presentation, May 31, 2024
Slide 1: Delivering cleaner energy in Mongolia
Delivering cleaner energy in Mongolia ASX.JGH AGM Presentation 31 May 2024
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Jade Gas Holdings Limited (“Jade” or the “Company”), with the purpose of providing general information about the Company. This presentation contains certain statements which may constitute “forward-looking statements”. Such statements are only predic
Slide 3: Table of Contents
Table of Contents Corporate 4 Why Jade? 5 Gas Assets Overview 6 Mongolia – Overview and Demand for Gas 10 Customer Markets 12 Infrastructure Requirements and Opportunities 14 Milestones Delivered 15 Importance of Gas for Energy transition 17 Team to Execute 18 Summary 19 Appendix 21 3
Slide 4: Corporate
Corporate ASX:JGH $0.045 1.577M UB Metan (UBM) Management Share Price as at 30 May 2024 Shares on Issue All Other Shareholders $71M $1.3M 160.5M Market Capitalisation Cash at Bank as at 31 March 2024 Options / Performance Shares Share Price Board of Directors 6,000,000 0.07 Dennis Morton Executive C
Slide 5: Why Jade?
Why Jade ? Set to Deliver Mongolia’s First Domestic Source of Commercial Gas Established a Material Contingent Resource Substantial resource established covering small area of TTCBM permit coverage Produced Gas-to-Surface during EPT from Red Lake Showed gas flow to surface at Red Lake during product
Slide 6: Overview: Gas Assets
Overview: Gas Assets TTCBM BARUUN NARAN SHIVEE GOBI EASTERN GOBI Project/s Red Lake | Vista | Brownhill BNG - - Ownership 60% 66% 100% 100% Mongolia Mining JV Partner Erdenes Mongol LLC n/a n/a Corporation HK Contract Production Sharing Agreement Prospecting Agreement Prospecting Agreement Prospecti
Slide 7: Project Locations
Project Locations Mongolia – resource rich and landlocked TTCBM & • 5km from Tavan Tolgoi operating coal mine BNG Projects • 10km from local township Tsogttsetsii • 60km SE of Xanadu's Kharmagtai Project • 130km W of Rio Tinto Oyu Tolgoi Project • 6km from LNG Re-fuelling Station at TT • 200km from
Slide 8: Overview: 2022/23 Drilling Activities
Overview: 2022/23 Drilling Activities Highly Successful Drilling Results Over 40km long Over 17 wells Shallow resource Thick gassy seams Gasfield drilled to date with <1000m ideal for intersected with opportunity has 90% success with low-cost high gas content been established well understood economi
Slide 9: Results to Date
Results to Date Gassy Intersections, Coal Thickness and Depth Outstanding results with characteristics of a world-class reservoir Gassy Intersections Coal Thickness Gas Depth Red Lake 11m 128m 54m 193m 506m 618m Vista 40m 61m 31m 102m 631m 814m Brownhill 33m 42m 53m 68m 303m 421m BNG 19m 105m 65m 13
Slide 10: Overview: Mongolia
Overview: Mongolia Well developed Stable Welcomed Foreign Growing Economy Net Energy Mining Sector Government Investment Opportunity Importer The mining sector in Democratic Welcoming of foreign Over the past 30 years, Mongolia is a net Mongolia accounts for parliamentary system investment, particul
Slide 11: Mongolia Needs A New Domestic Energy Industry
Mongolia Needs A New Domestic Energy Industry Mongolia is a net importer of energy with heavy reliance on China and Russia Gas is critical to combat GHG Emissions driven by Energy and Agriculture sector demand Energy ▪ Mongolia is an Energy Importer, with electricity largely imported IPPU from China
Slide 12: Urgent and Unmet Cleaner Energy Demand
Urgent and Unmet Cleaner Energy Demand More than 500MW of future cleaner energy demand on Jade’s doorstep Mining Operations Multiple mining operations within 120km from Jade urgently require an alternative to imported diesel and coal fired power. Rio’s Oyu Tolgoi Copper mine and Xanadu Gold/Copper p
Slide 13: Real Customer Demand
Real Customer Demand Multiple customers under MOU commitments with Significant Energy Requirements Memorandum of Understanding (MOU) Commitments ▪ Enhanced MOU focused on UBM’s newly built LNG fuelling station located 10km from Jade’s TTCBM Project Liquified Natural Gas ▪ UBM intends to scale its LN
Slide 14: Infrastructure Requirements and Opportunities
Infrastructure Requirements and Opportunities Mongolia has great demand for newly built energy and other infrastructure Jade's TTCBM Project in JV with Mongolian Government is the most urgent Short term Requirements include: o LNG facility o Gas pipeline gathering network o Small scale power generat
Slide 15: Milestones Toward First Gas Sales
Milestones Toward First Gas Sales In 2024 aiming to deliver successful pilot production and advance monetisation Establish Gas Resource 246 Bcf booked at TTCBM Red Lake area, significant upside potential with further resource Confirm Flow Rates Customer Gas Contract(s) Determine Infrastructure requi
Slide 16: The transformative shift to renewables is only possible when underpinned by traditional sources
The transformative shift to renewables is only possible when underpinned on a large scale by traditional sources
Slide 17: Gas to underpin shift to renewables for decades
Gas to underpin shift to renewables for decades 17
Slide 18: Team to Execute
Team to Execute Experienced Board and Management Mr Dennis Morton Mr Joseph Burke Dr Ian Wang Mr Daniel Eddington Mrs Uyanga Munkhkhuyag Executive Chairman Executive Director Non-Executive Director Non-Executive Director Non-Executive Director Mr Dennis Morton is a geologist with over 40 Mr Burke is
Slide 19: Summary
Summary Jade is uniquely placed as an emerging oil and gas producer Clean Energy, Decarbonisation And On-shoring Opportunity Mongolia needs a domestic gas industry to begin transition from diesel and coal Large Scale Gas Resource Established With Further Potential Potential for district scale gas re
Slide 20: Jadegas.com.au
Jadegas.com.au Jade Gas Holdings Limited ASX:JGH ACN 062 879 583 Level 1, 66 Rundle Street Dennis Morton Elvis Jurcevic KENT TOWN SA 5067 Australia Executive Chairman Investor Relations dennis@jadegas.com.au ej@jadegas.com.au
Slide 21: Appendix
Appendix 21
Slide 22: Appendix A: Related ASX Announcements
APPENDIX A Related ASX Announcements - JGH high-value gas results In 2024 aiming to deliver successful pilot and advance monetisation Date Announcement Title 15 March 2022 Outstanding gas composition at Jade's TTCBM Project 2 May 2022 Jade Drilling Program Continues to Deliver Strong Results 8 Novem