Long Pipes: from concept, to development, to a proven technology, now preparing for commercial production in 2019

Long Pipes Limited (LPL) has gone from concept, to development, to a proven technology, to
operational with the 10kms in Laverton. Now preparing for commercial production in 2019.

The company are Driven By Know How and Protected by Patents with multiple countries awarding
patents to LPL this year.

The process of producing a Fluid Highway is now known proven, the materials settled, we
can now certificate it. International standard ISO9001 for the production of water pipes in
Australia and sales internationally.

US standard ASTM D3754 for water next.

Many energy customers are eager to gain the benefits of the Fluid Highway and are
supportive to fast track our accreditation for oil and gas.

The company have had multiple meetings and negotiations with some of the largest energy and pipe
companies and world experts. They recognise and accept that we can significantly impact
the fluid transportation markets.

The Government, has recognised the benefits of the Fluid Highway in multiple discussions
and studies. The Fluid Highway is referred to in the COAG paper “Hydrogen For Australia’s
Future” for South Australia, Victoria and now the Hydrogen Highway for WA.

Long Pipes focus has changed from Australia, to global 3 years ahead of schedule. The company are focused on the US, with the MOU for the JV Production Company (Prod Co) in Houston expected to convert to a legal agreement this month.

Australia continues to develop with multiple projects in review; plus Indonesia and Thailand
under conditional agreement, extensive management engagement in China, Middle East
and Africa.

This has confirmed their US$11B/year immediately addressable market and driven our focus
onto Houston.

Houston is one of the largest regional markets, 13,000 miles installed 2017-18, 16,000 miles or US$3-5B, 2018-19. The market is scattered, fragmented, multiple customers and 2-20 mile runs, at
very high prices per mile, due to local and global pipe shortages. Long Pipes feel they have
a far superior product to the incumbents HDPE and steel in terms of performance/price,
plus the Fluid Highway is made directly on site, or from their factory, near site, without
expensive inventory and without months of waiting time. Long Pipes have had discussions for
2,000 miles of pipe or $400-$600M for delivery after the completion of testing in Houston.

The companies ultra conservative financial modelling shows only a small percentage of the Houston
market results in incomes of US$90M on turnover of US$270M over time.

The Board is cognisant of the need to provide an exit for investors. Therefore discussions
with brokers on listing at an appropriate time on the ASX or the SGX on the way to NASDAQ.

 

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 completed 2018, 250kms expected  2019, full growth 2020 into the international markets outside US and Australia. Ultimate objective once we are fully operational and certified:- accessing the immediately addressable markets of $11B/yr as we go global.

Looking for Projects and suitable JV Production Co-Partners in the relevant markets.

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