Ptr Minerals Limited · ASX:PTR
Ptr Minerals — Petratherm — Renewables / Future Energy – Meeting of Minds 2008 Forum
18 slides from Ptr Minerals's conference presentation, Sep 10, 2008
Slide 1: ASX Release: Company Update & Overview Presentation
ASX Release For personal use only PETRATHERM LIMITED ABN 17 106 806 884 Company Update & Overview Presentation Petratherm’s Managing Director, Mr. Terry Kallis, will present in Sydney on Thursday 11 September to the “Renewables / Future Energy – Meeting of Minds 2008 Forum” sponsored by ABN AMRO. Th
Slide 2: Company Update & Overview Presentation
For personal use only Company Update & Overview Presentation September 2008 Managing Director Terry Kallis Explorer and Developer of Geothermal Energy
Slide 3: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Petratherm Limited (Petratherm). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties and though Petra
Slide 4: Corporate Overview
Corporate Overview Key Statistics For personal use only Madrid & China – Exclusive Barcelona ‐ Direct exploration ¾ Current shares on issue – 57.9m (plus 13.77 agreement heat, EGS and m options) hydrothermal ¾ Market capitalization ‐ $35m (at share price of $0.60) ¾ Cash ‐ $4.5m ¾ Major shareholder
Slide 5: Business Model
Business Model For personal use only Leverage off core competencies (project ¾ Use Petratherm’s geothermal expertise and unique Exploration Model to identification and proof of concept) identify economically viable geothermal prospects ready for drilling. Focus on projects that exhibit all of the ne
Slide 6: Why Petratherm is a Standout
Why Petratherm is a Standout ¾ High quality resource. Quality portfolio of 9 ¾¾ Market For personal use only focussed (proximity, competitive, product) projects Location/Regulatory Environment. ¾ Value in Paralana recognised by industry experts. Value 9 ¾ Inunderstood Petratherm’s view, even more va
Slide 7: Petratherm's Achievements
Petratherm’s Achievements ¾ Petratherm has demonstrated its ability to deliver on its objectives. For personal use only ¾ The achievements over the past two years have created the platform for substantial activity and value creation over the coming 12 months. Secured Spanish media $50m Coalition Pos
Slide 8: Project Pipeline / News Flow
Project Pipeline / News Flow ¾ Petratherm has an exciting project pipeline. For personal use only ¾ Many key milestones to be achieved over the next 18 months. ¾ Groundwork at Paralana complete – all systems go. Madrid hot water project not far behind. ¾ Strong news flow. 2009 2010 Paralana Drilli
Slide 9: Necessary Ingredients
Necessary Ingredients… …to successfully take a geothermal project to market • Support from financially strong For personal use only • Permitting JV partner(s). • Land access. • Government funding support. • Government support and incentives. • Carbon trading schemes. • Access to market. • Above and
Slide 10: Paralana Project - Overview
Paralana Project - Overview ¾ Has the unique ingredients to For personal use only be commercially viable at all Stages! 9 Temperature and flow rate. 9 Very close to market for initial plant (7.5MW). Off grid market ~ Heathgate Resources’ Beverley Uranium Mine (10km) and Four Mile. 9 Subsurface and
Slide 11: Paralana Project – Value Considerations
Paralana Project – Value Considerations Key Project Parameters Companies’ Projects Comparison With Other Companies’ For personal use only Petratherm Key Project Parameters GDY PTR PAX TEY GRK KEN Parameter Units Assumption Market capitalization (A$m @ 4/9/08) 363 34 22 19 14 6 Temperature ºC 200 Hig
Slide 12: Madrid – District Heating Resource
Madrid – District Heating Resource ¾ Three 2000m wells have been drilled, defining an area of at least 50km2, around 80oC fluid Recent Well Assessment For personal use only at 200 m3/hr at ~ 1500‐2000m depth. ¾ Geomadrid Prefeasibility Study indicates – doublets Producing 8MWt with an annual product
Slide 13: Madrid Geothermal Projects
Madrid Geothermal Projects For personal use only petratherm 12
Slide 14: Geomadrid Economics
Geomadrid Economics Key Project Parameters(1) For personal use only Petratherm Parameter Units Assumption Temperature ºC 75 Depth km 2 Flow m3/hour 200 AUTONOMOUS UNIVERSITY CAMPUS Annual production MWh/annum 45,000 GEOMADRID WELLS Drilling Capex $€ 4.8 HOSPITAL COMPLEX Plant Capex $€ 1.8 Transmissi
Slide 15: Other Projects
Other Projects Canary Islands - Tenerife and Gran Canaria China For personal use only ¾ Exclusive exploration agreement with four Chinese government institutions. ¾ Active volcanic terrain. ¾ Large market for clean electricity. ¾ Tenerife & Gran Canaria contain 85% of the energy demand. ¾ Underexplo
Slide 16: Thank You
Thank You For personal use only petratherm 105‐106 Greenhill Rd, Unley, South Australia, 5061 Tel: +61 8 8274 5000 ASX code: PTR www.petratherm.com.au petratherm 15
Slide 17: Paralana Project Joint Venture
Paralana Project Joint Venture For personal use only ¾ Beach Petroleum Farmin (Jan 2007) for up to $30M for 36% $5M first well and stimulation $5M second well and stimulation – earns 21% After HEWI ‐ Option to earn a further 15% for $20M Plus equity share of project costs at every stage ¾ TR
Slide 18: Project Costs and Wind Comparison
Project Costs and Wind Comparison ¾ Stage 1 ‐ HEWI model $25M to $30M For personal use only ¾ Stage 2 ‐ 7.5 MW pilot plant – add’nl $40M to $45M ¾ Stage 3 ‐ 30 MW demo. plant –add’nl $125M to $130M ¾ Total 30 MW Project estimate* around $190M to $200M (*total current cost estimates and includes all
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