International Recognition of Long Pipes confirms $10B/yr addressable market

KEY TAKEAWAYS:

• 10km of 350mm pipe for Laverton February “proof of the process in the field = it works”
• Inflexion point in share value anticipated for first quarter 2018
• Global Game Changing technology: multiple customers reviewed, “one of the top pipes the world” they want it for their own applications
• International recognition conferences in:- Central and Eastern Europe, US Venture Capital in (SF, NYC, Boston). Cleantech China
• Many projects in general discussion, around the world; confirms our view of an addressable market of $10B/year
• Australian “Nation Building Projects”:- the West-East Pipe and the eastern sea board gas network. We continue to work with the Government to seek suitable stepping stone projects to implement these programs.
• New Facility: modern 4,300 square meter production facility with test area established to produce sock and construct and test the Pipe Production Machine
• Financing: Long Pipes Limited closes its last finance round for the Laverton Project and passes $17M equity/funding.
• Long Pipes Awarded: Top Innovator/Best Presenter at the international Venture Summit Silicon Valley March 1, 2017
• Awarded Wholesale Investor “Most Capital Raised Award:- Equity”; in Sydney 5th December, 2017
• 2018 is expected to be the inflexion point change from development to commercial production with potentially large projects installing test pipes and API oil/gas certification starting.

Long Pipes has had an incredibly successful year of presentations and conferences where it has become internationally recognised as one of the world’s top pipe technologies and the world’s first continuous made in the field pipe.

On the practical side we now have a new facility of 4,300 square meters with 12,000 square meters of storage and test area to test the Pipe Production Equipment.

We are in the process of constructing 10km of 350mm pipe for Laverton Western Australia approximately 1,000kms north of Perth. The “sock” the lay flat pipe with the fiberglass and the liner is in production. Inflation and installation to form the rigid pipe on site is planned for February/March this is seen as globally significant.

Many potential customers are waiting on the “proof of the process in the field = it works” It could be said that there is a general recognition in the capital markets that once proven Long Pipes is a Game Changer of significant value. This is expected to result in an Inflexion point in share value first quarter 2018.

The Fluid Highway is a Global Game Changing technology that has now been reviewed by multiple customers with the same conclusion; that the Fluid Highway is one of the “top pipes in the world” they want it for their own applications and they recognise that it solves so many of the fluid transportation problems for the world market.

Projects are in general discussion around the world; all are waiting for us to prove the technology. At which stage many are expected to request test pipes as part of their future projects program.

These project requests confirm our view of a market of $10B/year for the addressable market; in Middle East, China, Indonesia, Central and Eastern Europe and the USA plus central and South America.

Indonesia has described Long Pipes as “Magic Technology” and asked for projects for oil, gas, geo thermal and water.

Poland as part of the Central and Eastern European gas conference has undertaken to change its legislation to enable The Long Pipes Fluid Highway to enter their gas transmission market.

Poland has requested test pipe and pricing for projects.

Australia: Nation Building Projects; Long Pipes continues to work with the Chief Scientist and the Federal Government on its review of the Long Pipes Fluid Highway for the nation building projects in particular the West-East Gas Pipe and the eastern sea board gas network. This does not mean that we are directly involved in any specific project or at contract status; just that the Fluid Highway provides major benefits for these programs and thus enables rapid roll out of gas networks once the Fluid Highway is certified. The Government continues to seek suitable stepping stone projects to implement this program.

Long Pipes Awarded: Top Innovator/Best Presenter at the international Venture Summit; Silicon Valley March 1, 2017

2017 saw Long Pipes Limited close its last finance round for the Laverton Project and pass $17M equity/funding. Awarded the Wholesale Investor; Most Capital Raised Award:- Equity; in Sydney 5th December 2017

2018 is expected to be the inflexion point where we change from development to commercial production with large projects commencing detailed trials and installing test pipes and API certification for oil and gas.

 

Disclaimer: This letter contains forward-looking statements that though planned and or expected may not happen.

 

About Long Pipes Ltd

Long Pipes Ltd is a global game changer for the distribution of fluids around our planet for companies, governments, economies and regions using the Fluid Highway. First major contract for 10kms 1st Q 2018 with 200kms 2018 and 2,000kms in 2019 onwards with international markets in 2019 for $10B/yr. Looking for Projects and suitable Prod Co-Partners in the relevant markets.

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