Eden Innovations Ltd · ASX:EDE
Eden Innovations — Shareholder Meeting (October 2016)
32 slides from Eden Innovations's shareholder meeting presentation, Oct 28, 2016
Slide 1: Annual General Meeting Presentation
For personal use only Annual General Meeting Presentation 28 October 2016
Slide 2: Disclaimer
Disclaimer For personal use only 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 sta
Slide 3: Disclaimer Cont.
Disclaimer Cont. For personal use only Forward-looking statements include, but are not limited to, the following: Statements relating to Eden’s future production capacity and sales levels, and business and financial performance; Statements relating to future research and development results and regu
Slide 4: Investment Highlights
Investment Highlights For personal use only Innovations that work.
Slide 5: Company Overview
Company Overview For personal use only Issuer Eden Energy Limited Exchange/Symbol ASX: EDE Stock Price(1) A$0.23 Market Cap(1) A$280 million (EDE only) Cash(2) ≈A$15.5 million Debt A$0.00 1) As of 25 October 2016 Innovations that work.
Slide 6: Company Overview
Company Overview For personal use only Innovations that work.
Slide 7: EdenCrete™
EdenCrete™ For personal use only • EdenCrete™ is a revolutionary concrete admixture using carbon nanotubes (CNT) • EdenCrete™ outperforms other admixtures by optimizing strength and other characteristics • Permits use of less cement, concrete and/or steel reinforcement for same structural integrity
Slide 8: Carbon Nanotubes (CNT)
Carbon Nanotubes (CNT) For personal use only • Tensile Strength: 200-300x steel • Weight: ~17% of weight of steel • Strengthens concrete, plastics • Produces more durable concrete TEM image of Eden’s MWCNT Innovations that work.
Slide 9: CNT in Concrete
CNT in Concrete For personal use only CNT provide: • Nucleation points for cement hydration • Ultra-strong nano-scale fibre re-enforcement CNT facilitate denser, tougher and stronger concrete Monash University - helium ion microscope image - CNT in fresh cement paste
Slide 10: Comparison of concrete additive products
Increases Increases Increases Reduces Reduces Increases Products Compress Split- Flexural Shrinkage Permeability Abrasion Drawback ive Tensile Strength Resistance Strength Strength For personal use only None Fibers Reduced workability, (PP,PVA,ACRY- difficult to handle LOK) Shrinkage Strength reduct
Slide 11: CNT in Concrete Applications
CNT in Concrete Applications For personal use only Increased Abrasion Resistance Lower Permeability / Lower Increased Compressive Shrinkage and Tensile Strength Road & bridges surfaces Roads, bridges, runaways High rise buildings, bridges, Coastal and marine applications retaining walls, pre-fabrica
Slide 12: U.S and Australian Concrete Trials 2015-16
U.S and Australian Concrete Trials 2015-16 For personal use only EdenCrete™ Reference Innovations that work.
Slide 13: U.S and Australian Concrete Trials 2015-16
U.S and Australian Concrete Trials 2015-16 For personal use only EdenCrete™ Reference Innovations that work.
Slide 14: ASTM C494 Results to Date
ASTM C494 “S” – Results to 180 days For personal use only Testing by Intelligent Concrete LLC. Intelligent Concrete is entitled to receive royalties on sales of EdenCreteTM % Increase of EdenCreteTM (4gal/yd3) Over Reference Age (Days) Test 1 3 7 28 56 90 180 365 Compressive Strength (ASTM C39) 25%
Slide 15: EdenCrete™ – Abrasion Resistance
EdenCrete™ – Abrasion Resistance For personal use only EdenCrete™ Reference Innovations that work.
Slide 16: GDOT I-20 Trial
GDOT I-20 Trial For personal use only August 2015 Improvement with EdenCrete™ • Compressive Strength - 45.8% at 56 days • Abrasion resistance – 56% at 56 days (20 min trial) Outcomes • GDOT approval to use in 24hr mix B class concrete • 2nd field trial, class A concrete Q2/Q3 2016
Slide 17: GDOT I-20 Field Trial – Update October 2016
GDOT I-20 Field Trial – Update October 2016 For personal use only EdenCrete™ – No Visible Cracking Control – Visible Crack Across Slab Innovations that work.
Slide 18: Cost Benefit Analysis
Anticipated Cumulative Cost Comparison* For personal use only 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™ , 6
Slide 19: Anticipated Cumulative Cost Comparison
Anticipated Cumulative Cost Comparison* For personal use only $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 Innovations that work. * Based on GDOT actual costs for I-20 Field Trial
Slide 20: EdenCrete™ Performance versus Dose
EdenCrete™ Performance versus Dose (Gallons per Yard) Dosage Abrasion Compressive Flexural Tensile Shrinkage For personal use only Gallons/yd³ * Resistance 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% 46
Slide 21: EdenCrete™ – First Commercial Project
EdenCreteTM – First Commercial Project For personal use only Ultra High Wear /Abrasion Resistance Application Control Trial Slab Typical ultra high load/ EdenCrete Trial Slab Significant cracks and abrasive application at site No cracks of evidence of wear after 6 months wear Innovations that work.
Slide 22: EdenCrete™ – First Commercial Project
EdenCreteTM – First Commercial Project For personal use only Ultra High Wear/Abrasion Resistance Application • 50% thickness vs new ultra high strength slab • Only EdenCreteTM used (no steel mesh or rebar) • No significant sub-base preparations • At least a comparable 5-year service life expected •
Slide 23: First Commercial Infrastructure Contract for EdenCrete™
First Commercial Infrastructure Contact for EdenCreteTM Georgia MARTA Bus Garage – Atlanta, GA For personal use only Innovations that work.
Slide 24: EdenCrete™ First Infrastructure Project
EdenCrete™ First Infrastructure Project For personal use only 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 Reductio
Slide 25: U.S Marketing Update – Initial Targets
U.S Marketing Update – Initial Targets Interstate Highways (≈73,000km*) For personal use only • Use ≈48mt of cement p.a. (≈40% of U.S cement) * • ≈$40 billion p.a. preservation/maintenance bill ** • Structurally deficient/ functionally obsolete bridges in USA -146,418 or 24% *** • Annual total extra
Slide 26: U.S Marketing Update – Initial Targets
U.S Marketing Update – Initial Targets For personal use only Georgia Infrastructure • GDOT 14,700 bridges – 2,600 structurally deficient/ functionally obsolete* GDOT $1.1bn annual budget – planned 76 lane miles trucks $2.06bn – 200 bridge repairs scheduled over next 2 years • MARTA $400m p.a. repair
Slide 27: U.S Marketing Update - Progress
U.S Marketing Update - Progress For personal use only GDOT and Other DOTs MARTA • 1st GDOT Field Trial- I-20 • 1st MARTA contract • GDOT approval -24 hr Repair Mix • Further orders awaited • GDOT proposes to specify use of EdenCreteTM in forthcoming tenders • 2nd GDOT Field Trial- A Class • Other DO
Slide 28: U.S Sales and Marketing
U.S Sales and Marketing Sales Team – Coverage of All Continental U.S For personal use only • Eight appointed – two managers / six salespeople Over 20 Trials now underway or planned across US : • Pervious concrete – underway • Pre-cast –underway and scheduled • Ready mix concrete – underway and sched
Slide 29: U.S Production Scale-Up
U.S Production Scale-Up For personal use only 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 ≈2.4m g
Slide 30: CNT in Plastics / Polymers
CNT in Plastics / Polymers For personal use only UQ/ Eden- ARC Linkage Research Project Highly Encouraging Preliminary Results with CNT in Nylon 6 • Excellent combination of high modulus (stiffness) and outstanding ductility. • Superior ductility /comparable tensile strength vs super-tough commercia
Slide 31: CNT in Plastics / Polymers Cont.
CNT in Plastics / Polymers Cont. For personal use only UQ/ Eden- ARC Linkage Research Project Highly Encouraging Preliminary Results with CNT in Nylon 6 • Visual clarity and transparency – potentially suitable for a super-tough-film grade. • Relatively low-cost processing method. • Possible suitable
Slide 32: Greg Solomon, Executive Chairman
For personal use only Greg Solomon Executive Chairman Level 15, 197 St. Georges Terrace, Perth, Western Australia Tele: +618 9282 5889 Email: gsolomon@edenenergy.com.au edenenergy.com.au ASX: EDE Innovations that work.
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