Eden Innovations Ltd · ASX:EDE
Eden Innovations — Investor Presentation (June 2017)
35 slides from Eden Innovations's investor presentation, Jun 20, 2017
Slide 1: Investor Presentation June 2017
For personal use only Investor Presentation June 2017 EDE:ASX Innovations that work. EDE.ASX
Slide 2: Disclaimer
For personal use only Disclaimer 2 FORWARD LOOKING STATEMENTS This presentation includes certain forward-looking statements of Eden’s management. Forward-looking statements are statements that contemplate the happening of possible future events and are not based on historical fact. Forward-looking s
Slide 3: Capital Structure
For personal use only Capital Structure 3 Issuer Eden Innovations Limited Symbol/ Exchange EDE. ASX Issued shares 1,261,878,071 Stock Price (1) A$0.21 Market Cap (1) ≈A$302 million (2) Cash ≈A$8.5 million (1) Debt Nil 1) As of 13 June 2017 2) Incl. EDEO 206m Ex @ 3c 30.9.18 Innovations that work. ED
Slide 4: Board of Directors and Senior Management
For personal use only Board of Directors and Senior Management 4 Board of Directors • Greg Solomon LLB - Executive Chairman • Richard Beresford BSc (Mech Eng), MSc (Technology and Development) FAICD, FAIE • Guy Le Page BA, BSc(Hons), MBA, ASIA, MAusIMM • Doug Solomon LLB (Hons), B. Juris. Company Se
Slide 5: Company Products
For personal use only Company Products 5 Innovations that work. EDE.ASX
Slide 6: Carbon Nanotubes (CNT) in Concrete
For personal use only Carbon Nanotubes(CNT) in Concrete 6 • Tensile Strength: 200-300x steel • Weight: ≈ 17% of steel • Strengthens concrete, plastics TEM image of Eden’s MWCNT • CNT provide: Nucleation points for dense, cement Monash University - Helium ion microscope image hydration – builds on su
Slide 7: Product comparison versus alternative concrete additives
For personal use only Increases Increases Increases Reduces Reduces Increases 7 Products Compres Split- Flexural Shrinkage Permeability Abrasion Drawback sive Tensile Strength Resistance Strength Strength None Fibers Reduced workability, (PP,PVA,ACRY,LOK) difficult to handle Shrinkage Reducers Stren
Slide 8: CNT in Concrete Applications
For personal use only CNT in Concrete Applications 8 Increased Abrasion Reduced Permeability Increased Compressive Resistance and Tensile Strength Roads, bridges, runways Road & bridges surfaces Coastal and marine High rise buildings, bridges, pavements, floors applications retaining walls, pre-fabr
Slide 9: EdenCrete Type S Admixture ASTM C494 Results
EdenCrete® -Type S Admixture For personal use only ASTM C494 Results 9 EdenCreteTM ASTM C494 Results (Reported by Intelligent Concrete LLC) % Increase over Reference; Dosage = 3 gpy Age (Days) Test 1 3 7 28 56 90 180 365 Compressive Strength (ASTM C39) 25% 35% 39% 41% 41% 39% 38% 37% Flexural Streng
Slide 10: EdenCrete Performance versus Dose
For personal use only EdenCrete® Performance versus Dose (Gallons per Yard³) 10 Dosage Abrasion Compressive Flexural Tensile Resistance Shrinkage Gallons/yd³ * 1/8 15% 5% 7% 5% 6% 1/4 17% 7% 12% 13% 18% 1/2 19% 9% 16% 31% 22% 1 19% 11% 21% 33% 24% 2 28% 16% 27% 40% 27% 3 27% 26% 33% 43% 29% 4 41% 32
Slide 11: EdenCrete Abrasion Resistance
For personal use only EdenCrete® – Abrasion Resistance 11 EdenCrete® Reference Innovations that work. EDE.ASX
Slide 12: GDOT I-20 Field Trial
For personal use only 12 GDOT I-20 Field Trial August 2015 Improvement with EdenCrete® • Compressive Strength - 45.8% at 56 days • Abrasion resistance - 56% at 56 days Outcomes • GDOT - approval to use -24hr repair mix / B class concrete - First contract - February 2017 - 2nd Field Trial - class A c
Slide 13: GDOT I-20 Field Trial Update October 2016
For personal use only GDOT I-20 Field Trial – Update October 2016 13 EdenCrete® – No Visible Cracking Control – Visible Crack Across Slab Innovations that work. EDE.ASX
Slide 14: Anticipated Cumulative Cost Comparison
For personal use only Anticipated Cumulative Cost Comparison* 14 Cost Benefit Analysis Projected Extra Cost For GDOT GDOT costs /yd3 ≈ 3% - 20% Application Rate will vary for different targeted applications Anticipated Increased Service Life >100% Anticipated IRR < 50%+ Using EdenCrete® , 60% more r
Slide 15: Anticipated Cumulative Cost Comparison
For personal use only Anticipated Cumulative Cost Comparison* 15 $45,000 $40,000 $35,000 $30,000 $25,000 $20,000 $15,000 $10,000 $5,000 $0 0 10 20 30 40 Years REFERENCE CONCRETE EDENCRETE500 * Based on GDOT actual costs for I-20 Field Trial Innovations that work. EDE.ASX
Slide 16: EdenCrete First Commercial Project
For personal use only EdenCrete® – First Commercial Project 16 Ultra High Wear /Abrasion Resistance Application Control Trial Slab Typical Ultra High Load EdenCrete Trial Slab Significant cracks and High loading / abrasive No cracks or evidence of wear after 6 months application at site wear Innovat
Slide 17: Ultra High Wear/Abrasion Resistance Application
EdenCrete® –Ultra High Wear /Abrasion Resistance Application For personal use only 17 8.5” Concrete slab 12”Concrete slab 6” concrete slab w/ wire mesh or macro- w/ #4 steel w/ EdenCrete fibers dosed at 4.5 lbs./yd.3 ≈ $12/ ft.2 ≈ $15/ ft.2 ≈ $22/ ft.2 6” Graded Aggregate 6” Graded Aggregate Base Ba
Slide 18: First Commercial EdenCrete Infrastructure Contract
For personal use only First Commercial EdenCrete® Infrastructure Contract 18 Georgia MARTA Bus Garage – Atlanta, GA Innovations that work. EDE.ASX
Slide 19: First Commercial Infrastructure Project: Georgia MARTA Bus Garage
For personal use only First Commercial EdenCrete® Infrastructure Project 19 Georgia MARTA Bus Garage • Results – Dosage rate: 3 gallons/ yard³ Compressive Strength Increase - 38% Split Tensile Strength Increase - 59% Modulus of Elasticity Increase - 24% Abrasion Resistance Increase - 47% Shrinkage R
Slide 20: MARTA Permeability Test Results
For personal use only EdenCrete® - MARTA – Permeability Test Results 20 Penetration of Chloride Ion into Concrete by Ponding (AASHTO T 259) (ASTM C1543) Indicative of concrete permeability: 3% chloride solution ponded for 90 days Core sample taken from slab center Cross-sections cut from core sample
Slide 21: MARTA Permeability Test Results: cross-sectional analysis
For personal use only EdenCrete® - MARTA – Permeability Test Results 21 10 – 20 mm 1st cross-sectional analysis 25 – 35 mm 2nd cross-sectional analysis 40 – 50 mm 3rd cross-sectional analysis 55 – 65 mm 4th cross-sectional analysis Innovations that work. EDE.ASX
Slide 22: MARTA Permeability Test Results
For personal use only EdenCrete® - MARTA – Permeability Test Results 22 Chloride Content (Wt. %) Control Mix - Control Mix - Penetrated Chloride Depth (mm) Not Ponded Ponded Values 10 - 20 0.004 0.059 0.055 25 - 35 0.006 0.045 0.039 40 - 50 0.004 0.005 0.001 55 - 65 0.003 0.004 0.001 Test Mix - Not
Slide 23: U.S. Marketing Update: Initial Targets
For personal use only U.S Marketing Update – Initial Targets 23 Interstate Highways (≈73,000km*) / Bridges (≈605,000) • Use ≈40% of U.S cement * • ≈$40 billion p.a. preservation/maintenance bill ** • 146,418 or 24% of bridges -structurally deficient/ functionally obsolete *** • Annual extra costs to
Slide 24: U.S. Sales and Marketing
For personal use only U.S Sales and Marketing 24 Sales Team – Coverage of All Continental U.S • Senior Vice President of Business Development appointed • 9 sales staff – 1 manager / 7 salespeople / 1 technical sales support Infrastructure and Non- Infrastructure Summary • Pre-cast – sales underway (
Slide 25: Georgia Infrastructure Marketing and Sales
For personal use only Georgia - Infrastructure Marketing and Sales 25 GDOT - $1.1bn p.a. budget – US$150m for maintenance - EdenCrete® - Approved and now being specified for road repairs - First contract for road repairs- February 2017 - Field trial for new road construction March 2017 - $11 billion
Slide 26: GDOT Hour Repair Mix Specifications
For personal use only GDOT- 24 Hour Repair Mix Specifications 26 Innovations that work. EDE.ASX
Slide 27: Georgia Field Trial: New Road Construction March 2017
For personal use only Georgia- Field Trial- New Road Construction – March 2017 27 Innovations that work. EDE.ASX
Slide 28: Texas Infrastructure Marketing and Sales
For personal use only Texas - Infrastructure Marketing and Sales 28 TxDOT - Budget- ≈ $28 billion over next two years - Approval of EdenCrete® for bridge beams in 2 concrete mixes for Valley Precast Products, a major precast manufacturer - 3 year bulk supply contract signed with Valley Precast and f
Slide 29: EdenCrete Precast Concrete Mix Design Optimisation Texas
For personal use only EdenCrete® Precast Concrete – Mix Design Optimisation -Texas 29 AIM- Accelerate early strength to: Turn forms faster Release I-beams sooner Meet standards & save cost Outcome: Reduced 930 lbs. to 800lbs total cementitious material (75% cement/ 25% Class F Fly Ash) Potential for
Slide 30: Texas First Bulk Delivery April 2017
For personal use only Texas – First Bulk Delivery- April 2017 30 Innovations that work. EDE.ASX
Slide 31: States where EdenCrete approved for use by DOTs
For personal use only States where EdenCrete® approved for use by DOTs 31 States Currently Approved (in yellow): Arkansas, Georgia, Mississippi, North Carolina, Tennessee, Texas and Virginia. These States have: 21.5% of total US population 16.1% of total US land area 32,052 bridges structurally defi
Slide 32: U.S. Production Scale-Up
For personal use only U.S Production Scale-Up 32 Location Est. Cost US $ Estimated Estimated Start Date Date To Anticipated Output U.S p.a. Value(2) Complete Source of Funds U.S $ p.a. Colorado Funding 108,000 galls p.a. $2.7m Q1 2016 Q2 2016 Equity Stage 1 Complete (completed) Colorado Funding ≈2.4
Slide 33: Colorado Scale-up Completed
For personal use only Colorado Scale-up- Completed 33 Innovations that work. EDE.ASX
Slide 34: CNT in Plastics / Polymers
For personal use only CNT in Plastics / Polymers 34 UQ/ Eden- ARC Linkage Research Project Highly Encouraging Preliminary Results with CNT in Nylon 6 • High modulus (stiffness)/outstanding ductility/ Excellent dispersion of CNT • Superior ductility /comparable tensile strength vs super-tough commerc
Slide 35: Greg Solomon, Executive Chairman
For personal use only 35 Greg Solomon Executive Chairman Level 15, 197 St. Georges Terrace, Perth, Western Australia Tele: +61 8 9282 5889 Email: gsolomon@edeninnovations.com edeninnovations.com EDE.ASX Innovations that work. EDE.ASX