Jatcorp Ltd · ASX:JAT
Jatcorp — Jatenergy — Investor Presentation (July 2011)
26 slides from Jatcorp's investor presentation, Jul 15, 2011
Slide 1: Jatenergy Limited – Emerging coal producer: July 2011
For personal use only Jatenergy Limited Emerging coal producer: July 2011
Slide 2: Disclaimer
DISCLAIMER For personal use only This document has been prepared by Jatenergy Limited to update existing and prospective shareholders. Any statements, opinions, or other material contained in this document do not constitute any commitments, representations or warranties by Jatenergy Limited or/and a
Slide 3: Investment Highlights
Investment Highlights For personal use only • A diversified energy company with conventional (coal) and renewable (oil seed) assets, an experienced board and strong backing • Target is to produce coal this year from East Kalimantan • Increasing oil seed sales revenue and utilising large land bank fo
Slide 4: Simple Dual Energy Strategy
Simple Dual Energy Strategy For personal use only Jatenergy has a dual energy strategy to develop and operate conventional and renewable energy projects in Asia and Australia driven by strong demand for coal and rapidly expanding market potential for crude oil from oil seeds Targets * First coal pro
Slide 5: Corporate Overview Development Plan
Corporate Overview Development Plan For personal use only Projects - Coal Q1, 2011 – Sales of 200T of crude jatropha oil to aviation industry Indonesia: • Atan Bara: Right to mine 100% of 500 -680 kT Q2, 2011 – Acquisition of Indonesian coal assets exploration target of high quality thermal coal Q2,
Slide 6: Capital Structure
Capital Structure For personal use only Capital Structure*: ASX code JAT • Market Capitalisation: $6.9 m • Shares on issue: 76,626,098 • Options / Performance Shares: • Director / employee 2,000,000 • Options – Traded 5,500,000 (exercisable 1/3/2014 @ 0.25) • Performance Shares 37,500,000 (3 tranche
Slide 7: Peer comparison… Cokal Limited
Peer comparison… Cokal Limited For personal use only Kalimantan – 4 projects • “BBM”50/50 JV, 20 kHa 4 seams totalling 3 to 4 m thickness Jatenergy Limited • “BBP” 50/50 JV, 13 kHa up to 3 “generally thin” seams • “AAM” 75/25 JV, 5 kHa 11 outcrops Kalimantan – 2 projects 0.42 to 4 m thick seams • “C
Slide 8: Jatenergy – Conventional Energy Strategy
Jatenergy – Conventional Energy Strategy For personal use only Why Coal? …an established, strong, growing market Snap Shot – Kalimantan, Indonesia • Growth: 1995 to 2005 - fivefold increase in thermal coal exports to 150 MT/pa. By 2015, estimate is over 275 MT/pa • Quality: Kalimantan thermal coal i
Slide 9: Jatenergy - Renewable Energy Strategy
Jatenergy - Renewable Energy Strategy For personal use only Why Oil Seeds? ….an Asian / European play with huge potential Snap Shot – Central Java, Indonesia • Jatropha is a hardy tree that grows on land uneconomic for food crops alone. It’s inexpensive to establish (1/10th the price of palm) and pr
Slide 10: Jatenergy has bolstered its coal expertise
Jatenergy has bolstered its coal expertise For personal use only Alan Broome AM (new Chris Flanagan (new COO Nick Croom (new Director – Jatenergy Board Member) Indonesia) Jatenergy in Singapore) Alan Broome has more than 20 years’ Chris Flanagan has a Bachelor of Nick Croom has 20 years’ experience
Slide 11: Indonesian Coal Projects: Overview
Indonesian Coal Projects: Overview For personal use only License Indicative Potential Haulage Estimated Calorific Explor- Time to Status Production Value ation and (adb) Target Area (kcal/kg) (Mt) (km) Exploration 5,500– 36.5 to 2–3 years Katingan IUP 50 5000 Ha 6,000 43 (2014) Exploration 6–9 Atan
Slide 12: ATAN BARA Project – Coal
ATAN BARA Project – Coal For personal use only seams extend from existing mining operation Atan Bara Koperasi Photo of the uncovered seam in the Koperasi Coal mine – the same seam extends into Atan Bara 12
Slide 13: ATAN BARA Project – Simple logistics, simple plan
ATAN BARA Project – Simple logistics, simple plan…. For personal use only Established 6 km haul road to existing stockpile and jetty facility – direct access to Balikpapan Bay (a major coal export hub) 13
Slide 14: ATAN BARA Project – Simple plan
ATAN BARA Project – Simple plan…. For personal use only During Q3, 2011: Granting of Production License “IUP” Production IUP Production + 4 weeks: Completion of Exploration Drilling Phase 2 IUP Production + 8 weeks: Completion of reserve Review / Mine Plan Completion of Land Compensation agreement C
Slide 15: Katingan Project – a large, long term play
Katingan Project – a large, long term play For personal use only 5000 Ha tenement surrounded by others including Realm Resources Limited to the north 58 outcrops, seams up to 6 m Commence JORC drilling H2 2011 Photo of CEO Phil Hodgson visit to 6 m + thick seams at Katingan coal outcrops 15
Slide 16: Australian Coal: Tenement Purchase Agreement
Australian Coal: Tenement Purchase Agreement For personal use only May 2011: Revised binding offer letter executed June 2011: Full tenement purchase agreement signed July 2011: Completion of legal and technical due diligence – EGM Notice Q3, 2011: EGM to approve deal and transfer of all EPC’s Q1, 20
Slide 17: Galilee Basin Tenements
Galilee Basin Tenements For personal use only Tenement Sub- Approx. Comments Blocks Area (km2) Adjacent to Linc Energy and Carpentaria EPC 100 330 Concessions, proximate 2101 to extensive Guildford coal drilling activity ~ 15 km North of Linc EPCA Energy concessions sold 18 59 2166 to Adani with 7.8
Slide 18: Bowen Basin Tenements
Bowen Basin Tenements For personal use only Tenement Sub- Approx. Comments Blocks Area (km2) In between Riot Tinto’s Hail EPCA Creek coking coal mine 6 13 and Xstrata’s Newlands 2117 coking coal mine EPCA Competing application In between Riot Tinto’s Hail 2153 16 52 Creek coking coal mine (Competi a
Slide 19: Investment Highlights – Re-Cap
Investment Highlights – Re-Cap For personal use only • A diversified energy company with conventional (coal) and renewable (oil seed) assets, an experienced board and strong backing • Target is to produce coal this year from East Kalimantan • Increasing oil seed sales revenue and utilising large lan
Slide 20: Appendices – Coal Analysis
APPENDICES – COAL ANALYSIS For personal use only KATINGAN AND ATAN BARA PROJECTS
Slide 21: Katingan Project – Outcrop and surface samplings and coal analysis
KATINGAN PROJECT For personal use only Outcrop and surface samplings and coal analysis Inherent Calorific Ash Total Volatile Fixed Moisture (ar) Report reference Date moisture value content sulphur matter carbon %(arb) % (adb) kcal/kg (adb) % (adb) % (adb) % (adb) % (adb) 00115/GAEDAC 9/01/2009 35.1
Slide 22: Katingan Project – Core sampling and coal analyses
KATINGAN PROJECT For personal use only Core sampling and coal analyses Report Moisture Inherent Calorific Ash Total Volatile Fixed reference Sample (ar) moisture value content sulphur matter carbon %(arb) % (adb) kcal/kg (adb) % (adb) % (adb) % (adb) % (adb) KT.1904/09 DH-02 0-0.7 31.19 13.82 5,734
Slide 23: Katingan Project – Exploration target estimates
KATINGAN PROJECT For personal use only True Exploration Exploration Exploration target estimates Seam No. Ref Outcrop Strike thickness Dip target (low) target (high) (m) (m) (°) (Mt) (Mt) A1 CSB 24 2,314 6.0 3 16,388.6 18,951.7 A2 CSB 25 1,493 0.6 7 A3 CSB 26 1,792 0.3 9 A4 CSB 17 1,664 3.5 7 2,021.
Slide 24: Atan Bara Project – Core sampling and coal analyses
ATAN BARA PROJECT For personal use only Core sampling and coal analyses Coal quality parameters Units Quality range Calorific value kcal/kg (adb) 5,900–6,400 Calorific value kcal/kg (arb) 4,900–5,580 Total moisture % (adb) 22–27 Inherent moisture % (adb) 10–15 Ash content % (adb) 1.18–5 Sulphur % (a
Slide 25: Atan Bara Project – Exploration target estimates
ATAN BARA PROJECT For personal use only Exploration target estimates Tonnes Seam Strike Downdip Thickness Bulk density (kt) Low High 3 (m) (m) (m) (t/m ) Seam 1 730 170 0.8 1.3 116 129 Seam 2 790 165 1.2 1.3 183 203 Seam 3 800 150 0.8 1.3 112 125 Seam 4 125 150 1.1 1.3 24 27 Total 436 484
Slide 26: Competent Person's Statement
Competent Person’s Statement For personal use only • The information in this presentation which relates to Exploration Results, Mineral Resources or Ore Reserves, is based on information compiled by Mr Allen J Maynard, who is a member of the Australian Institute of Geosciences and a corporate member