Jatcorp Ltd · ASX:JAT
Jatcorp — Jatoil — Investor Presentation (February 2011)
21 slides from Jatcorp's investor presentation, Feb 9, 2011
Slide 1: Jatoil Limited Update Presentation: February 2011
For personal use only Jatoil Limited Update Presentation: February 2011
Slide 2: Disclaimer
DISCLAIMER For personal use only This document has been prepared by Jatoil Limited to provide existing and prospective shareholders in Jatoil Limited with an update. Any statements, opinions, or other material contained in this document do not constitute any commitments, representations or warrantie
Slide 3: Executive Summary
EXECUTIVE SUMMARY For personal use only • Jatoil Limited (“JAT”) is listed on the ASX as an Energy company (listed January 2008). • The Company was initially focused on developing biofuel businesses in Asia, and announced a diversification into coal in September 2010. • Jatoil has an experienced Boa
Slide 4: Jatoil Limited
JATOIL LIMITED For personal use only • Incorporated January 2006 • Raised capital in November 2007 • Listed on ASX January 2008 Our core business Current Share Price (AUSD) – 06/01/2011 0.06 12 month range - Low 0.02 is energy…..now Market Cap (AUSD m) - High 0.074 8 & for the future. Securities on
Slide 5: Jatoil - Key Milestones for Last Months
JATOIL - KEY MILESTONES FOR LAST 12 MONTHS For personal use only • February: Jatoil announces JV deal with Waterland Intl. to grow Jatropha biofuel feed stock on 12 000 ha in central java • June: PT Jatoil Waterland established with 1,000 ha of 2 to 3 year old Jatropha and 11,000 ha land bank.. • Ju
Slide 6: Executive Summary - Coal
EXECUTIVE SUMMARY - COAL For personal use only INDONESIA AUSTRALIA • Jatoil announced September 6, 2010 that it had • Jatoil announced February 8 that it had signed a signed a binding MOU to acquire 100 % of binding letter of intent with Spinifex Rural Management Blackrock Resources Pty Ltd, an Aust
Slide 7: Why Coal?
WHY COAL ? For personal use only • Jatoil significant commercial revenues from Jatropha is expected in 2 + years (mainly from current crop maturity plus some from early expansion). • Cleantech stocks have significantly “unhitched” from the ASX 200 and small ords. • While this could result in signifi
Slide 8: Australian Coal: Spinifex Tenements in the Proposed Acquisition
AUSTRALIAN COAL: SPINIFEX TENEMENTS IN THE For personal use only PROPOSED ACQUISITION Tenement Number of Sub Blocks EPC 2101 100 EPCA 2166 6 EPC 1988 18 EPCA 2020 44
Slide 9: Spinifex Project Areas: EPC 2101
SPINIFEX PROJECT AREAS: EPC 2101 For personal use only Tenement Number of Comment. Sub Blocks Adjacent to EPC other Linc 2101 100 Energy Concessions
Slide 10: Spinifex tenements and neighbouring resources
For personal use only Tenement Number Comment. of Sub Blocks Adani: 7.8 Billion Tonne ~ 15 km North of JORC resource Linc Energy EPCA blocks sold to 2166 6 Adani Abuts Waratah Coal tenements Hancock: 7.9 Billion Tonne EPC and Hancock JORC resource 1988 18 Mining ~ 20 km to the east Abuts Waratah, Mi
Slide 11: Indonesian Coal: Blackrock Project Areas
INDONESIAN COAL: BLACKROCK PROJECT AREAS For personal use only Status Indicative Potential Haulage Estimated Calorific Explor- Time to Value ation Production Target (kcal/kg) (Mt) (km) Exploration 5,500– Katingan IUP 37.3 50 2–3 years 5,800 Atan Exploration 5,900– 6–9 IUP 0.6 6 Bara 6,400 months Oth
Slide 12: Indonesia's New Mining Rules Reduce Risk
INDONESIA’s NEW MINING RULES REDUCE RISK For personal use only IUP - new Mining Business License System Implemented in July 2009: • All old system licenses (KP’s and COW’s) needed to be transferred to new licenses (IUP’s); either • IUP Exploration • IUP Production • The IUP production license allows
Slide 13: 2011 Targets
2011 TARGETS …. For personal use only COAL BUSINESS BIOFUEL BUSINESS • Complete Blackrock acquisition: • Raise jatropha project capital via Singapore and expand by a further 9,000 hectares in PT • EGM - shareholder vote on February 10, Jatoil Waterland JV. 2011 • Suspend Jatoil traded securities, is
Slide 14: Additional Slides
Additional Slides For personal use only JATOIL - BOARD RECAP – JATOIL’s JATROPHA OPERATIONS
Slide 15: Jatoil Board
JATOIL BOARD For personal use only Ross Kestel, B.Bus, ACA, AICD ACTING CHAIRMAN, NON-EXECUTIVE DIRECTOR Mr Kestel is a Chartered Accountant and was a director of the accounting practice Nissen Kestel Harford from July 1980 until April 2010. Mr Kestel has acted as a director and company secretary of
Slide 16: Executive Summary - Jatropha
EXECUTIVE SUMMARY - Jatropha For personal use only • Jatropha is a hardy small tree, can be grown on land uneconomic for food crops alone, is inexpensive to establish and produces oil seeds for over 20 years, yielding around 10 bbls of oil per hectare highly suitable for processing into renewable je
Slide 17: Biojet Is Rapidly Gaining Momentum
BIOJET IS RAPIDLY GAINING MOMENTUM For personal use only • 30 December 2008: World’s first biojet test flight by Air “Five airlines have successfully tested biofuels and we New Zealand on 50% Jatropha biojet/50% normal jet expect certification within 2011 at the latest. Aviation fuel. biofuel is a U
Slide 18: Jatropha Curcas Is a High Potential Biofuel
JATROPHA CURCAS IS A HIGH POTENTIAL BIOFUEL For personal use only PARTICULARLY SUITED TO MAKING BIOJET The Facts about Jatropha… • Well-planned and managed Jatropha crops are hardy, live for 30 + years, and have a low water footprint* • Can be economic on marginal lands** • Targets additional farmer
Slide 19: PT Jatoil Waterland: Central Java Project
PT JATOIL WATERLAND: CENTRAL JAVA PROJECT For personal use only • 1,000 ha of 2 to 3 - year old jatropha = phase 1 (proof of concept and trial). • First production and revenues with 4 year off-take agreement with Waterland who have on-sold to refiners with product bound for airline industry. • 500 h
Slide 20: Capital Needs and Project Financial Returns
CAPITAL NEEDS AND PROJECT FINANCIAL RETURNS For personal use only • 100,000 hectare project, to produce 1 million bbls oil pa for 20 + years • Projections over 10 years • Includes CJO extraction, fertiliser, power generation and intercrop • No revenue from carbon assumed 100,000 hectares Production
Slide 21: Jatropha: Value Benchmarking
JATROPHA: VALUE BENCHMARKING For personal use only PLANTATION VALUATIONS VEGETABLE OIL PRODUCERS: PALM OIL • Jatropha plantation valuations vary: an • Palm Oil is typically valued between estimated range of USD 1,000 to USD USD 10,000 to USD 50,000 per ha: 1,600/ha for newly established, ranging − U