Ann: WBE Enters Bid Implementation Agreement with King Energy, page-10

Prospect maybe not too dissimilar in scale to GHY which reached about an AUD300m marketcap and still about an UD100m marketcap after water issues drilling for hydrogen and helium..

In terms of white natural hydrogen big potential If found and can be extracted but currently globally maybe only a modest project in Mali has successfully extracted white natural hydrogen out of the ground on a commercial basis..

https://www.asx.com.au/markets/company/ghy

https://www.asx.com.au/markets/company/wbe

https://www.georginaenergy.com/

UK listed GEX doing a similar project also in the Officer basin for reference also