Eden Innovations Ltd · ASX:EDE
Eden Innovations — Shareholder Meeting (November 2012)
25 slides from Eden Innovations's shareholder meeting presentation, Nov 28, 2012
Slide 1: 2012 AGM Presentation
For personal use only 2012 AGM Presentation 28 November 2012 Greg Solomon Chairman
Slide 2: Corporate Details
For personal use only Corporate Details 27 November 2012 ASX Code: EDE Total Shares: 625m Share Price: $0.012 – historical high of $0.84 Market Capitalisation $7.5m – historical high of <$80m Cash $1.3m Receivables <$1.5m Cash flow - increasing from US/Indian Optiblend sales November 2012 2
Slide 3: Corporate Structure
For personal use only Corporate Structure Eden Energy Ltd (AUSTRALIA) Clean Energy Energy Production Coal Bed Natural Gas Hythane Pyrolysis and Methane/Sh Eden Energy South Australia Company LLC Gas to ale Gas (AUS) India Pvt Ltd (Wales, UK) (USA) Liquids 100% (India) 50%/100% 100% Technology (Suspe
Slide 4: Current Clean Energy Products
Current Clean Energy Products For personal use only • Pyrolysis Project - Solid Carbon and Hydrogen Production without CO2 - Single Walled Carbon Nanotubes (SWCNT) - Multi Walled Carbon Nanotubes (MWCNT) - Carbon Nanofibres (CNF) • OptiBlend® Dual Fuel - India and US - over 25 units sold and in oper
Slide 5: Current Energy Projects
Current Energy Projects For personal use only UK Coal Bed Methane JV-50% (2100km2) Shale Gas JV-50% (2100km2) AUSTRALIA SA Natural Gas Untested natural gas target (100km x10km) 100% - Obligations suspended for 12 months Plan: to establish separate listed gas company November 2012
Slide 6: Pyrolysis Project – Eden 100%
Pyrolysis Project – Eden 100% For personal use only Low Cost Production of Carbon Fibres/Nanotubes and H2 from CH4 • New process developed with UQ • Patent applications lodged -over 50 countries • No CO2 – H2 becomes a high value byproduct • Produces hydrogen and single /multi-walled carbon nanotube
Slide 7: Eden Energy CNT/CNF Production
Eden Energy CNT/ CNF Production For personal use only Hydrogen Product Catalyst Feed Reactor Natural Gas Supply Hydrogen Carbon CH4 Inert CNT’s Gas Carbon Product
Slide 8: Production of H2 and Carbon Nanotubes from CH4
For personal use only Production of H2 and Carbon Nanotubes from CH4 TEM image of MWCNT produced at Hythane Co in Denver November 2012
Slide 9: Commercial Scale Reactor Operational
Commercial Scale Reactor Operational For personal use only November 2012
Slide 10: Eden MWNT Catalyst Yield
For personal use only Eden MWNT Catalyst Yield (Shown in grams carbon per grams catalyst) November 2012
Slide 11: Eden's Current Capability and Targets
For personal use only Eden's Current Capability and Targets • Commercial scale unit (40-250tpa) operational since Oct 2011 • Produces MWCNT/ CNF • Target markets Concrete - compressive/tensile strength/electrical thermal qualities conductivities - 2 R&D Projects with US and AUST universities commenc
Slide 12: OptiBlend Dual Fuel System
For personal use only OptiBlend Dual Fuel System • Displaces up to 70% of diesel with natural gas in diesel engines • Indian market – hundreds of thousands of gensets / locomotives • Huge cost savings • Dramatic cost savings in full and part time applications • Payback period less than 12 months for
Slide 13: OptiBlend - Indian Installation
OptiBlend-- Indian Installation OptiBlend For personal use only November 2012
Slide 14: OptiBlend - Typical Power Production Costs
For personal use only OptiBlend--Typical Power Production Costs OptiBlend Assumptions: Diesel = $1.25/liter, Natural Gas = $10 mmbtu, Cummins K19 Genset November 2012
Slide 15: Hythane - the transitional fuel
For personal use only Hythane ® - the transitional fuel H2 + CH4 Significantly lower pollution / Higher efficiency Hythane • Premium blend of Natural Gas - 5-7% H2 (by energy); 20% H2 (by volume) • Ultra-low emissions – 50% NOx /CO - Euro V emission standards • High efficiency - 10-15% increase in e
Slide 16: Denver Hythane Emissions Results
For personal use only Denver Hythane® Emissions Results HOT 505 EMISSIONS, GRAMS/MI. 3 2.5 2 1.5 1 0.5 0 NG HY NG HY NG HY THC CO NOx Output of pollutants (grams per mile) of Natural Gas versus Hythane®. Source: Colorado Department of Health November 2012 16
Slide 17: Hythane Economics and Revenue Model
For personal use only Hythane® Economics and Revenue Model Economics • Hythane® production costs- approx 4-6% more than natural gas • Increased efficiency in Hythane® engines ( 6.5%-15% targeted) • Marginal increase in cost of vehicles- software change only • New pyrolysis process -cheaper hydrogen
Slide 18: History of Hythane in India
For personal use only History of Hythane® in India • Extreme air pollution – Govt push to reduce pollution • 2006 Indian hydrogen roadmap - proposes HCNG as transitional fuel • Cost of natural gas – historically cheaper (per GGE) than diesel • Increasing supply of natural gas • National rollout of p
Slide 19: First Indian Hythane Station
For personal use only First Indian Hythane® Station Delhi January 2009 November 2012 19
Slide 20: Future of Hythane in India
For personal use only Future of Hythane® in India • 2013 Hythane® project planned Gujarat- Ashok Leyland bus - some delay but project still looks possible • Objective- to establish economics of a commercial Hythane® • Agreements signed with GSPC and GAIL • Initially 2 buses planned and expanding to
Slide 21: Energy Assets
Energy Assets For personal use only COAL BED METHANE/ CONVENTIONAL/ SHALE GAS (WALES, UK) 50% Joint venture (with Coastal Oil and Gas) -17 Licences - 100% - 3 licences November 2012 21
Slide 22: UK Gas Asset Overview
UK Gas Asset Overview For personal use only • Spinout planned when appropriate – ASX IPO - Adamo Energy Ltd • Large UK landholding – 50% interest in 17 licences/ 100% in 3 Licences – 2,100km2 (510,000 acres) gross approx-– South Wales, Bristol and Kent • Shale Gas Resource (Source: RPS Dallas indepe
Slide 23: UK Gas Market
UK Gas Market For personal use only Price volatility tied to seasonal demand shifts, supply fluctuations and storage capacity constraints- North Sea in decline UK - net importer of petroleum/gas- growing dependence -Qatar & Russia UK Govt Reports support shale gas exploration and fracking Major cust
Slide 24: For personal use only
For personal use only Greg Solomon Executive Chairman Level 15, 197 St Georges Terrace, Perth, Western Australia, Australia. 6000 Telephone +618 9282 5889 Mobile +614 0206 0000 Fax +618 9282 5866 Email gsolomon@edenenergy.com.au Website: www.edenenergy.com.au
Slide 25: Disclaimer – Forward-looking Statements and Projections
For personal use only Disclaimer – Forward-looking Statements and Projections Whilst reasonable care has been taken in compiling the forward projections in this presentation, they necessarily are based on many assumptions and factors that are beyond the control of the company and accordingly there i
Eden Innovations — Shareholder Meeting (November 2012) on 6ix