NeuRizer : Presentation

Disclaimer

onlyThis presentation has been prepared by, or for

NeuRizer. It contains, and we may make other written or verbal forward looking statements with respect to certain of NeuRizer's plans, current goals and expectations relating to future financial condition, perf rmance, results, strategic initiatives and

bjectives. By their nature, all forward-looking

statements involve risk and uncertainty and are subject to factors that could cause actual results to differ materially

from those indicated in this presentation and/or any usestat m nt, including forward-looking statements. Some of the factors that could cause actual results or trends to

diff r mat rially, include

but are not limited to: price fluctuations; actual demand; currency fluctuations; drilling & production results,

re erve e timates, loss of market, industry competition, market developments and government actions, environmental and physical risks, legislative, fiscal and reg latory developments, local, regional and international political, regulatory, economic and financial market conditions, political risks, the effect of information and technology and third-party service providers for certain of our operations and systems, legal proceedings and regulatory investigations, the impact of operational risks, including inadequate or failed internal and external processes, systems and human error or from external events (including cyber attack), risks associated with arra gements with third parties, including joint ventures, the failure to attract or retain the necessary key

share price as a result of general market conditions or otherwise, the effect of simplifying operating structure and activities, the effect of a decline in any ratings or recommendations for losses due to defaults by counterparties or restructurings, on the value of investments, changes in interest rates or inflation, changes in equity and/or prices on our investment portfolio, the impact of natural and man-made catastrophic events on business activities and results of operations, reliance on our standing among customers, broker-dealers, shareholders, agents, wholesalers and/or other distributors of our products and/or services, changes to brand / reputation, changes in government regulations or tax laws in jurisdictions where we conduct business, the inability to protect intellectual property, the effect of undisclosed liabilities, the timing of any regulatory approvals, integration risk, and other uncertainties, such as non- realisation of expected benefits or diversion of management attention and other resources, relating to future acquisitions and/or pending disposals, project delays or advancement, approvals and cost estimates amongst other items and the cumulative impact of items.

While we try to ensure that the information we provide is accurate and complete, NeuRizer advises you to verify the accuracy of any information and/

or statement, including a forward-looking statement before relying on it. NeuRizer has no obligation

to update the forward-looking statements in this

presentation or comm other forward-looking statements we may make. Forward-looking statements in this presentation are current only as of the date on which such statements are made.

This presentation may also contain non-IFRS measures that are unaudited, but are derived from and reconciled to the audited accounts. These should only be considered in addition to, and not as a substitute for, or superior to, our IFRS financial measures. All references to dollars, cents or

• in this presentation are to Australian currency, unless otherwise stated.

Gas Resources Compliance Statement

The PRMS resources estimates stated herein are based on, and fairly represent, information and supporting documentation prepared by Timothy Hower of MHA Petroleum Consulting, Denver USA. MHA Petroleum Consultants LLC is now part of Sproule International Limited. Mr. Hower is a member of the Society of Petroleum Engineers and has consented

to the use of the Resource estimates and supporting information contained herein in the form and context in which it appears. All estimates are based on the deterministic method for estimation of petroleum resources.

NeuRizer is not aware of any new information or data that materially affects this information and all the material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed

Mineral Resource Compliance Statement

Estimates of Mineral Resources reported in this announcement are based on the latest information and data available. The recently updated Geological Model and JORC Resource Estimation report, prepared by Warwick Smyth and Lynne Banwell of GeoConsult

Pty Ltd during March 2019 was used in this latest PRMS estimation. A copy of the GeoConsult report on the updated Geological Model and JORC Resource Estimation is available to view at www.nrz.com.au.

NeuRizer is not aware of any new information or data that materially affects this information and all the material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed.

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onlyTable of Contents

NRZ Overview useThe Global Urea Market

The NeuRizer Urea Project

ESG and Carbon Neutrality

Milestones and Commercial Feasibility personalNeuRizer markets

Capital Requirements and Funding

C nclusion

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8

12

16

19

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27

30

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Australian produced urea will avoid the risks and costs associated with transport, commodity prices, import logistics and exchange rates

1. Source: Fertiliser Australiahttps://www.fertilizer.org.au/Fertilizer-Industry/Australian-Fertilizer-Market

Benefits

Carbon Neutral

Domestic production

Competitive price Australian jobs

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