Investor Presentaiton
Why is OGA assessing land based abalone farming in Esperance?
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This is a very rare opportunity.
⚫ Few properties in Australia are suitable for the development of large-scale abalone farming business.
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• Value accretive to OGA, providing juvenile abalone supply diversification and vertical integration to
support oceanic ranching activities post 2024.
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Compliments existing oceanic ranching operations, providing growth and market diversification into
farmed abalone.
⚫ Land based abalone farming is profitable. e.g. Yumbah, CMG.
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Strong international demand for farmed abalone from Australia. $40/kg.
Predictable, established culture technology for land-based farming.
o 30 years of continuous improvement in:
Hatchery technology.
➤ Grow-out technology.
➤ Processing.
➤ Market development.
Ideal water temperatures 14°C - 21°C = high growth rates.
Large rural coastal property, with supporting infrastructure near established town.
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Very supportive Shire Council & community.
• Only 10km from Esperance - population 14,000.
Ocean Grown
Abalone
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