Jade Gas Holdings Limited · ASX:JGH
Jade Gas — Investor Presentation (April 2022)
25 slides from Jade Gas's investor presentation, Apr 28, 2022
Slide 1: Capital Raising Investor Presentation
For personal use only Capital Raising Investor Presentation (ASX: JGH) April 2022
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Jade Gas Holdings Limited (“Jade” or the “Company”), with the purpose of providing general information about the Company. This presentation contains certain statements which may constitute “forward-looking statements”. Such stat
Slide 3: Corporate Summary
For personal use only $0 $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 5-Oct-21 7-Oct-21 9-Oct-21 11-Oct-21 13-Oct-21 15-Oct-21 17-Oct-21 Three 19-Oct-21 Share Price Assets 21-Oct-21 23-Oct-21 25-Oct-21 27-Oct-21 29-Oct-21 31-Oct-21 Core CBM 2-Nov-21 4-Nov-21 6-Nov-21 8-Nov-21
Slide 4: Investment Highlights
Investment Highlights For personal use only 1 2 3 4 5 6 COMPELLING DEFINED WORK NEW PERMITS MONGOLIAN TEAM IN PLACE STRATEGIC OPPORTUNITY PROGRAM ADD SCALE TO ENERGY MARKET WITH THE RIGHT PARTNERSHIP WITH TO DEVELOP NEW CURRENTLY EXISTING TTCBM POSITIVE EXPERIENCE TO MONGOLIAN GAS ASSETS UNDERWAY PR
Slide 5: Mongolia Seeking Cleaner Independent Energy Supply
Mongolia Seeking Cleaner Independent Energy Supply For personal use only MONGOLIA Domestic power requirements currently met predominantly with coal IS SHORT Net energy importer of gas and gas liquids ENERGY Importing electricity from China to support activity in the South Gobi Gas expected t
Slide 6: Quality Portfolio of Mongolian CBM Permits
Quality Portfolio of Mongolian CBM Permits For personal use only Three high quality permits covering in excess of 18,000km2 in existing coal basins Tavan Tolgoi Coal Bed Methane gas project Jade (60%) is near completion of a six well drilling program at its flagship TTCBM Project in the South Gobi
Slide 7: Milestones and Catalysts
Milestones and Catalysts For personal use only Key milestones delivered quickly following listing with further Near-term catalysts near-term catalysts in progress SIX WELL PROGRAM COAL PERMEABILITY AND COMPLETING GAS SATURATION Case and complete Red Lake-5 and -6 Permeability to shape upcoming
Slide 8: TTCBM Project: Path to Commercial Gas Production
TTCBM Project: Path to Commercial Gas Production For personal use only KEY GAS CRITERIA SATISFIED POTENTIAL WELLS TO BE DRILLED Six well program to deliver composition, content, permeability and saturation information Red Lake-5; Red Lake-6 Q2 2022 EXTENDED PROD TEST / 2022 PROGRAM Red Lake-5
Slide 9: MOU signed with UB Metan LLC
MOU signed with UB Metan LLC For personal use only UBM delivers connectivity to commercial gas sales for TTCBM Project Non-binding gas offtake memorandum of understanding signed with UBM UBM is Mongolia’s largest importer of LNG, largest gas distributor and a Jade shareholder MOU delivers a fr
Slide 10: Assets
For personal use only Assets 10
Slide 11: TTCBM Project
TTCBM Project For personal use only High gas content and composition with thick gas bearing coal seams of interest TAVANTOLGOI-XXXIII Production Sharing Agreement (PSA): 665 km2 area over the Tavan Tolgoi coal field (Jade 60%) Eight wells drilled by Jade in 2019 defined targets for current drill
Slide 12: TTCBM Project Drilling Program – 2021/22
TTCBM Project Drilling Program – 2021/22 For personal use only Current six well drilling program focused on delivering contingent resource certification Red Lake-1 Total depth (“TD”) at 1,012 metres; 145 metres of coal core recovered; 58 metres gas bearing Gas composition: 98% methane in seam II
Slide 13: TTCBM Project Drilling Program – 2021/22
TTCBM Project Drilling Program – 2021/22 For personal use only Safety Briefing Coal processing at Red Lake-1 TTCBM Project Camp Red Lake-1 Drilling Winter Drilling Prep Mobile Lab Mobile Lab Operations Technical Team 13
Slide 14: Shivee and Eastern Gobi Permits
Shivee and Eastern Gobi Permits For personal use only Areally extensive and highly prospective permits located in known coal basins 100% ownership; permit area 8,317 km2 100% ownership; permit area 9,691 km2 Second largest coal mine in Mongolia within permit Significant coal deposits located
Slide 15: Key Raising Details
For personal use only Key Raising Details 15
Slide 16: Uses of funds - $6.7 million
Uses of funds - $6.7 million For personal use only Fast tracking and expanding exploration and appraisal of TTCBM Project and new permits TTCBM PROJECT SHIVEE GOBI EASTERN GOBI 2023 PROGRAM CORP/ADMIN $3.3 million $0.3 million $0.3 million $0.5 million $2.3 million Upgraded 2022 Further desktop
Slide 17: Key raising details
Key raising details For personal use only ~$6.7 million raising via an Institutional Placement Offer Size & • Institutional Placement to raise approximately A$6.7 million via the issue of approximately 128,000,0001 new fully paid Structure ordinary shares at A$0.052 (“New Shares”) (“Placement”). • I
Slide 18: Key raising details: Pro-forma Capital Structure
Key raising details For personal use only Pro-forma Capital Structure Post-capital raise pro-forma $6.7m raise Pre-raise ordinary shares 1,209.4m 90.4% Pre-raise market capitalisation1 $78.6m Target New shares issued (Placement) 128.0m 9.6% Total Target shares post-raise 1,337.4m 100.0% Issue Price
Slide 19: Indicative Placement timeline
Indicative Placement timeline1 For personal use only Key dates Trading Halt Pre-Market Tuesday, 26 April 2022 Placement Offer Opens Pre-Market Tuesday, 26 April 2022 Placement Offer Closes (5.00pm AEDT) Tuesday, 26 April 2022 Trading Halt lifted and announcement of Capital Raising Pre-Market Thursda
Slide 20: Investment Risks
For personal use only Investment Risks 20
Slide 21: Investment risks
Investment risks For personal use only Potential investors should be aware that there are risks associated with investing in Jade. Certain risks are beyond the control of Jade and its Directors and Management and may have a material impact on Jade’s future operating and financial performance, and/or
Slide 22: Investment risks (cont…)
Investment risks (cont…) For personal use only • Adverse weather events, unforeseen increases in establishment costs, mechanical failures, human errors, industrial disputes or encountering unusual or unexpected geological formations and other unforeseen events, could lead to increased Operational ri
Slide 23: Investment risks (cont…)
Investment risks (cont…) For personal use only • Exploration and development of hydrocarbon reserves and resources require significant capital and operational expenditure. With future growth, Jade may require funding for future commitments. There can be no assurance that the Company will be Access t
Slide 24: Investment risks (cont…)
Investment risks (cont…) For personal use only • The financial performance of the Company is subject to its various counterparties or joint venture partners continuing to Counterparty perform their respective obligations under various contracts. If one of its counterparties or joint venture partners
Slide 25: Contacts
For personal use only Contacts Chris Jamieson Investor Relations Managing Director and Elvis Jurcevic Chief Executive Officer ej@jadegas.com.au cjamieson@jadegas.com.au
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