Ann: Operational Update, page-20

GHY confirming permeability, so should flow (dunno about the porosity yet… ) with Helium purity off the charts, almost too good to be true! Need some decent Hydrogen flow test results after Easter to get genuinely excited…

• World Leading Helium Purity Levels - Testing and analysis to date following the drilling of both Ramsay 1 and Ramsay 2 confirms up to 17.5% purity for Helium in the MDT sample taken from the Ramsay 2 well, on an air-corrected basis. This provides clarification of the results disclosed by the Company in its 6 and 19 December 2023 ASX releases. These results are believed to be amongst the highest ever recorded purities for Helium in the world.
• Permeable Formation – Results demonstrate that the formation is permeable and producing fluids and gas from all of the formations tested to date, and has produced both Natural Hydrogen Helium to the surface. Permeability and ability to flow gas to surface was one of the key objectives of testing, and a significant derisking milestone for the Company.