Eden Innovations Ltd · ASX:EDE
Eden Innovations — Investor Presentation (July 2017)
35 slides from Eden Innovations's investor presentation, Jul 3, 2017
Slide 1: US Investor Presentation
For personal use only US Investor Presentation July 2017 EDE:ASX Innovations that work. EDE.ASX
Slide 2: Disclaimer
Disclaimer STRICTLY CONFIDENTIAL 2 NOT FOR DISTRIBUTION OR TRANSMISSION IN THE UNITED STATES TO PERSONS OTHER THAN “QUALIFIED INSTITUTIONAL BUYERS” (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT)(“QIBS”). THIS PRESENTATION AND THE INFORMATION IN IT IS BEING GIVEN AND PROVIDED ON A For personal us
Slide 3: Disclaimer - continued
Disclaimer- continued 3 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 a
Slide 4: Capital Structure
Capital Structure 4 For personal use only Issuer Eden Innovations Limited Symbol/ Exchange EDE. ASX Issued shares 1,262,172,800 Stock Price (1) A$0.245 Market Cap (1) ≈A$353 million (2) Cash ≈A$7.9 million (1) Debt Nil 1) As of 30 June 2017 2) Incl. EDEO 206m Ex @ 3c 30.9.18 Innovations that work. E
Slide 5: Board of Directors and Senior Management
Board of Directors and Senior Management 5 For personal use only Board of Directors • Greg Solomon LLB - Executive Chairman • Richard Beresford BSc (Mech Eng), MSc (Technology and Development) FAICD, FAIE • Guy Le Page BA, BSc(Hons), MBA, ASIA, MAusIMM • Doug Solomon LLB (Hons), B. Juris. Company Se
Slide 6: Company Products
For personal use only Company Products 6 Innovations that work. EDE.ASX
Slide 7: Carbon Nanotubes (CNT) in Concrete
Carbon Nanotubes(CNT) in Concrete 7 • Tensile Strength: 200-300x steel For personal use only • Weight: ≈ 17% of steel • Thermally and electrically highly conductive • Strengthens concrete, plastics TEM image of Eden’s MWCNT • CNT provide: Nucleation points for dense, cement Monash University - Hel
Slide 8: Product comparison of concrete additives
Increases Increases Increases Reduces Reduces Increases 8 Products Compres Split- Flexural Shrinkage Permeability Abrasion Drawback sive Tensile Strength Resistance Strength Strength For personal use only None Fibers Reduced workability, (PP,PVA,ACRY,LOK) difficult to handle Shrinkage Reducers Stren
Slide 9: CNT in Concrete Applications
For personal use only CNT in Concrete Applications 9 Increased Abrasion Reduced Permeability Increased Compressive Resistance and Tensile Strength Roads, bridges, runways Road & bridges surfaces Coastal and marine High rise buildings, bridges, pavements, floors applications retaining walls, pre-fabr
Slide 10: EdenCrete Type S Admixture ASTM C494 Results
EdenCrete® -Type S Admixture ASTM C494 Results 10 For personal use only EdenCreteTM ASTM C494 Results (Reported by Intelligent Concrete LLC) % Increase over Reference; Dosage = 3 gpy Age (Days) Test 1 3 7 28 56 90 180 365 Compressive Strength (ASTM C39) 25% 35% 39% 41% 41% 39% 38% 37% Flexural Stren
Slide 11: EdenCrete Performance versus Dose
EdenCrete® Performance versus Dose (Gallons per Yard³) 11 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
Slide 12: EdenCrete Abrasion Resistance
For personal use only EdenCrete® – Abrasion Resistance 12 EdenCrete® Reference Innovations that work. EDE.ASX
Slide 13: GDOT I-20 Field Trial
13 GDOT I-20 Field Trial For personal use only August 2015 Improvement with EdenCrete® • Compressive Strength - 45.8% at 56 days • Abrasion resistance - 56% at 56 days Outcomes • GDOT - approval to use -24hr repair mix / B class concrete - First contract- February 2017 - 2nd Field Trial- class A con
Slide 14: GDOT I-20 Field Trial Update October 2016
For personal use only GDOT I-20 Field Trial – Update October 2016 14 EdenCrete® – No Visible Cracking Control – Visible Crack Across Slab Innovations that work. EDE.ASX
Slide 15: Anticipated Cumulative Cost Comparison
For personal use only Anticipated Cumulative Cost Comparison* 15 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®
Slide 16: Anticipated Cumulative Cost Comparison
Anticipated Cumulative Cost Comparison* 16 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 * Based on GDOT actual costs for I-20 Field Trial Innovations that work. EDE.ASX
Slide 17: EdenCrete First Commercial Project
EdenCrete® – First Commercial Project 17 Ultra High Wear /Abrasion Resistance Application For personal use only Control Trial Slab Typical Ultra High Load EdenCrete Trial Slab Significant cracks and High loading/ abrasive No cracks or evidence of wear after 6 months application at site wear Innovati
Slide 18: EdenCrete Ultra High Wear/Abrasion Resistance Application
EdenCrete® –Ultra High Wear /Abrasion Resistance Application 18 8.5” Concrete slab For personal use only 12”Concrete slab 6” concrete slab w/ wire mesh or macro- w/ #4 steel w/ EdenCrete fibers dosed at 4.5 lbs./yd.3 ≈ $12/ ft.2 ≈ $15/ ft.2 ≈ $22/ ft.2 6” Graded Aggregate 6” Graded Aggregate Base Ba
Slide 19: First Commercial EdenCrete Infrastructure Contract
First Commercial EdenCrete® Infrastructure Contract 19 Georgia MARTA Bus Garage – Atlanta, GA For personal use only Innovations that work. EDE.ASX
Slide 20: First Commercial EdenCrete Infrastructure Project
First Commercial EdenCrete® Infrastructure Project 20 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% S
Slide 21: MARTA Permeability Test Results
EdenCrete® - MARTA – Permeability Test Results 21 For personal use only Penetration of Chloride Ion into Concrete by Ponding (AASHTO T 259) (ASTM C1543) Indicative of concrete permeability: 3% chloride solution ponded for 90 days Core sample taken from slab center Cross-sections cut from core
Slide 22: MARTA Permeability Test Results
EdenCrete® - MARTA – Permeability Test Results 22 Chloride Content (Wt. %) For personal use only Control Mix - Control Mix - Penetrated Chloride Depth (mm) Not Ponded Ponded Values 10 - 20 0.004 0.059 0.055 25 - 35 0.006 0.045 0.039 40 - 50 0.004 0.005 0.001 55 - 65 0.003 0.004 0.001 Test Mix - Not
Slide 23: U.S Production Scale-Up
U.S Production Scale-Up 23 Location Est. Cost US $ Estimated Estimated Start Date Date To Anticipated For personal use only 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 >1m
Slide 24: Colorado Stage Scale-up - Completed
Colorado Stage 2 Scale-up- Completed 24 For personal use only Innovations that work. EDE.ASX
Slide 25: U.S Sales and Marketing
U.S Sales and Marketing 25 For personal use only Sales Team – Coverage of All Continental U.S • Senior Vice President of Business Development appointed • 9 sales staff – 1 manager / 7 salespeople/ 1 technical sales support Infrastructure and Non- Infrastructure Summary • Pre-cast – sales underway (T
Slide 26: U.S Marketing Update - Initial Targets
U.S Marketing Update – Initial Targets 26 Interstate Highways (≈73,000km*) / Bridges (≈605,000) For personal use only • Use ≈40% of U.S cement * • ≈$40 billion p.a. preservation/maintenance bill ** • 146,418 or 24% of bridges -structurally deficient/ functionally obsolete *** • Annual extra costs to
Slide 27: Georgia - Infrastructure Marketing and Sales
Georgia - Infrastructure Marketing and Sales 27 GDOT - $1.1bn p.a. budget – US$150m for maintenance For personal use only - First EdenCrete® contract for road repairs- February 2017 - EdenCrete® to be included in all State funded, GDOT full depth slab replacements in FY2017– including < 5-6 major pr
Slide 28: GDOT Hour Repair Mix Specifications
GDOT- 24 Hour Repair Mix Specifications 28 For personal use only Innovations that work. EDE.ASX
Slide 29: Georgia Field Trial - New Road Construction March 2017
Georgia- Field Trial- New Road Construction – March 2017 29 For personal use only Innovations that work. EDE.ASX
Slide 30: Texas - Infrastructure Marketing and Sales
Texas - Infrastructure Marketing and Sales 30 TxDOT For personal use only - Budget- ≈ $28 billion over next two years - Approval of EdenCrete® for bridge beams in 2 concrete mixes for Valley Precast Products, a major precast manufacturer - 3 year bulk supply contract signed with Valley Precast and
Slide 31: EdenCrete Precast Concrete Mix Design Optimization - Texas
EdenCrete® Precast Concrete – Mix Design Optimization -Texas 31 AIM- Accelerate early strength to: For personal use only Turn forms faster Release I-beams sooner Meet standards & save cost Outcome: Reduced 930 lbs. to 800lbs total cementitious material (75% cement/ 25% Class F Fly Ash) P
Slide 32: Texas First Bulk Delivery April 2017
Texas – First Bulk Delivery- April 2017 32 For personal use only Innovations that work. EDE.ASX
Slide 33: States where EdenCrete approved for use by DOTs
States where EdenCrete® approved for use by DOTs 33 For personal use only States Currently Approved (in yellow): Arkansas, Georgia, Mississippi, North Carolina, Tennessee, Texas and Virginia. These States have: 21.5% of total US population 16.1% of total US land area 32,052 bridges structurall
Slide 34: CNT in Plastics / Polymers
CNT in Plastics / Polymers 34 For personal use only UQ/ Eden- ARC Linkage Research Project Highly Encouraging Preliminary Results with CNT in Nylon 6 • High modulus (stiffness)/outstanding ductility/ Excellent dispersion of CNT • Superior ductility /comparable tensile strength vs super-tough commerc
Slide 35: Greg Solomon, Executive Chairman
35 Greg Solomon For personal use only Executive Chairman Level 15, 197 St. Georges Terrace, Perth, Western Australia Tele: +61 8 9282 5889 Email: gsolomon@edeninnovations.com edeninnovations.com EDE.ASX Innovations that work. EDE.ASX