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Investor Presentaiton

Other Projects Update Esperance ✓ Wylie Bay lease approval. Total of 1,242Ha. ✓ JV Partner, Alan Wilson of Ocean King Fishing has constructed, deployed and seeded 400 ABITATS. Seeded with 160,000 juveniles October 2017. Port Lincoln ✓ R&D Trial approved and commenced. 4 Trial Sites (10 ABITATS/site) seeded 30 September 2017. 16,000 juvenile abalone seeded. ✓ SARDI (South Australian Research & Development Institute) engaged to undertake 3rd party validation of R&D. $100,000 FRDC grant approved Business Development ✓ Strong demand for IQF meat sales into Hong Kong. ✓ Regular small live shipments into Sydney/Melbourne. ✓ Product development - whole frozen, vacuum pouches, live. Visits to customers in SE Asia. Trade show attendance. ✓ DA approval for processing/HQ/cellar door facility at Augusta Harbour. ✓ Awarded $200,000 DAFF grant for market development and product development (particularly live). Ocean Grown Abalone 16
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