Lion Energy Limited · ASX:LIO
Lion Energy — Peak Microcap Investor update July 2023
19 slides from Lion Energy's conference presentation, Jul 13, 2023
Slide 1: Lion Energy Ltd, Peak Microcap Investor update – July 2023
For personal use only Lion Energy Ltd, Peak Microcap Investor update – July 2023
Slide 2: Overall investment thesis
Overall investment thesis ü Lion will be Australia's first mover in supplying green hydrogen to the heavy mobility sector. Setting a platform of skills, network and knowledge to be replicated throughout the decade. For personal use only Recently completed marine and onshore seismic has allowed Lion
Slide 3: Green Hydrogen
For personal use only Green Hydrogen 3
Slide 4: Green Hydrogen Business models in Australia
Green Hydrogen Business models in Australia § Three business models are emerging for green hydrogen in Australia Model Capital intensity and time to market Considerations for Lion For personal use only Large scale production with integrated High, long Long gestation period and uncertainty as electri
Slide 5: The Lion journey into Green H2
The Lion journey into Green H2 2023 Q4 For personal use only Q3 2022 Q2 2022 Q2 2022 Q4 2022 Q4 2021 Q2 2021 2021 MARKET FRONT END GREEN H2 STUDY BUSINESS MODEL CAPITAL RAISING VENDOR SELECTION LOCATION ASSESSMENT & ENGINEERING FIRST REFUELLER AND VISION SELECTION GEOGRAPHIC FOCUS DESIGN GPA study G
Slide 6: Lion's hydrogen vision
Lion’s hydrogen vision For personal use only Becoming the leading independent producer and distributor of green hydrogen in Australia for the domestic mobility market. Initiate 2023, Replicate – 2024, Expand – 2026 onwards 6
Slide 7: Key investment themes
Key investment themes For personal use only Strong Early mover Focused and alignment with with project realistic govt policy and under strategy community execution needs Strong Attractive corporate Experienced market governance, project team potential build respect and credibility 7
Slide 8: Lion's strategy - be a major H2 refuelling player in Australia
Lion’s strategy - be a major H2 refuelling player in Australia § Solution provider for Australia’s zero-emission targets commencing 2025 For personal use only Positioning § Production, storage and dispensing of green hydrogen § Focused/realistic strategy § Back-to-base heavy mobility (buses then tru
Slide 9: Project management team
Project management team Tom Soulsby 30years Damien Servant 20years Executive Chairman Executive Director For personal use only Accounting Oil & Gas Investments Leadership Finance Oil & Gas Commodities M&A Alistair Wardrope 16years Andrew Lelliott 15years Technical Director Project Director Mech Eng
Slide 10: Lion's initial positioning in the value chain
Lion’s initial positioning in the value chain For personal use only Hydrogen truck fleet operators Water Hydrogen bus fleets Electrolysis/compression Transport/storage Dispensing operators Grid Renewable electricity Trains, planes, ships Equipment manufacturers H2 vehicle manufacturers 10
Slide 11: For personal use only
§ Lion is arguably the most advanced prospective commercial scale H2 refueller in Qld, if not Australia For personal use only § Demonstrate what our study is showing us for BEB's and the recharging thereof § Provide a simple to understand graphic showing our H2 refuelling capability vs the results o
Slide 12: Roadmap
Roadmap For personal use only § Establish replicable commercial § Execute off-take contracts with § Replicate for an additional 30 business model broader customer group locations § Build, market and execute first § Signing EPC contract for 20 § Begin “merchant” roll-out (i.e. location stations non-b
Slide 13: Execution philosophy
Execution philosophy Locations On or close to depot refuelling to Logistics ensure proximity with customers For personal use only Hub & spoke model to optimize distribution and flexible deployment Technology Proven, safe and reliable electrolysis, compression Energy and storage technologies Initiall
Slide 14: Target market: Hydrogen buses – the early adopters
Target market : Hydrogen buses – the early adopters For personal use only Manufacturing Predictable availability and routes and back to track record in base other markets City Buses Government policy Aust Road settings for Zero Research Board Emission Conclusions commence 2025 Commissioned by Lion E
Slide 15: Regulatory momentum
Regulatory momentum § Transport for NSW (TfNSW) plans to see its 4,100 Sydney For personal use only buses fully transitioned by 2035 § Queensland Government committed that every new urban bus added to the fleet in South-East Queensland will be zero-emissions by 2025, followed by state-wide mandate b
Slide 16: ARRB study confirms role of H2 buses for Australia's roll-out
ARRB study confirms role of H2 buses for Australia’s roll-out of zero-emission buses Issues for Battery Electric Buses § limited depot space for charging infrastructure For personal use only § High infrastructure investments (chargers, energy storage and electricity connection/substation upgrades) c
Slide 17: Fast replication to multiple locations
Fast replication to multiple locations Operate a series of Queensland production hubs and up to For personal use only Bus Depots 499 50 refuelling stations in Australia, with a focus on the untapped East Coast Brisbane market. Bus Depots 72 There are currently no New South Wales hydrogen refuelling
Slide 18: Port of Brisbane location strategically located
Port of Brisbane location strategically located For personal use only 18
Slide 19: Current status
Current status § Site secured at PoB For personal use only § Hydrogen refuelling station equipment procured § Electrolysers and compressors procured § Commercial offtake discussion in progress § Development approval submission in July § First commissioning targeted for 2Q2024 § Total budget: ~A$13m
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