QEC Presentation - Project Grandis

Elixir Energy Limited (‘EXR’) is pleased to present its investor presentation.

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Gas - Macro Overview

The desired energy transition is very hard

• A wide variety of challenges – physical, economic and political – to the desired energy transition
• Increasingly being recognised by various (but not all) parties
• Gas is not optional – demand will in fact grow

LNG demand forecast to rise

• Multiple industry and Government parties forecast growing LNG demand
• Asian demand particularly strong
• Australian security of supply increasingly valued

East Coast Australia gas supply crisis

• The long recognised supply crunch is nearly upon us
• Govt now recognising depth of supply problems
• Current prices of >A$12 expected to be a long term floor

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