Kalina Power Limited · ASX:KPO
Kalina Power — Investor Presentation (August 2016)
20 slides from Kalina Power's investor presentation, Aug 29, 2016
Slide 1: KALiNA Power Limited (ASX:KPO)
KALiNA POWER LIMITED (ASX:KPO) 1 Copyright © 2016 KPO
Slide 2: Financing Summary - ASX:KPO
Financing Summary - ASX:KPO • Current issued capital: 148,335,253 • Major shareholders: Harrington Global Limited – 24.9% and John Byrne – 20.7% • Current financing includes a $5,500,000 Rights Issue at 3:4 and a separate $1,800,000 Private Placement • Both priced @ 5 cents per share with 1 option f
Slide 3: Electricity From Waste Heat - A Massive Market And A Global Priority
Electricity From Waste Heat - A Massive Market And A Global Priority • A 4 Megawatt KALiNA Cycle® plant can offset upwards of 19,000 tonnes of CO2 per year in displacing coal fired electricity which releases around 500 kg/MWh (US Department of Energy) • Generating electricity from waste heat is a mu
Slide 4: KALiNA Cycle Ready For Worldwide Deployment - US$126 Million Spent To Date
KALiNA Cycle® Ready For Worldwide Deployment - US$126 Million Spent To Date Commercially Deployed In A Range Of Industries -15 Plants 4 Copyright © 2016 KPO
Slide 5: KALiNA Cycle Virtual Plant Tour Explains How The Technology Works
KALiNA Cycle® Virtual Plant Tour Explains How The Technology Works For a seven minute video tour of the KALiNA Cycle® Geothermal plant in Unterhaching, Germany, please visit: www.KALiNApower.com 5 Copyright © 2016 KPO
Slide 6: KALiNA Cycle vs Organic Rankine Cycle (ORC)
KALiNA Cycle® vs Organic Rankine Cycle (ORC) • ORC and KALiNA Cycle® both use waste heat to boil a working fluid that have a lower boiling temperature than water Boiled working fluid creates a vapour to drive a turbine to generate electricity; similar to the conventional steam cycle • ORC installati
Slide 7: Tipping Point For Worldwide Deployment - Proven Technology
Tipping Point For Worldwide Deployment - Proven Technology HIGHLIGHTS OF TECHNIP STONE & WEBSTER TECHNICAL REPORT “The technology is robust, its advantages are substantial and given the extent of technology validation performed to date, Technip believes with appropriate technical and commercial supp
Slide 8: From Fifteen Plants Deployed We Understand How To Achieve Success
From Fifteen Plants Deployed We Understand How To Achieve Success PAST PROJECTS • Projects that complied with KALiNA engineering design and equipment specification worked well • Projects that utilized KALiNA engineering team and world class EPC firms were executed properly • Sumitomo Metals, Fuji Oi
Slide 9: Recent Management Additions
Recent Management Additions • Appointed Ross MacLachlan as CEO of KALiNA Power. Mr MacLachlan has been engaged as Executive Director of KALiNA Power since May 2015. Former Director of Pristine Power which built over 600 MWe of projects and eventually sold for US$300m to Veresen Inc. His appointment
Slide 10: New World Class Partnerships
New World Class Partnerships • Engaged world class component manufacturers and engineering and design partners enabling a far more involved role by KALiNA in the execution of KALiNA Cycle projects across the project cycle • Entered into a teaming agreement with a top 10 ranked global consulting engi
Slide 11: Recent Regional Business Development – Potentially Transformative Projects
Recent Regional Business Development – Potentially Transformative Projects China • Restructured operations in China to provide increased shareholdings, direct royalty payments and direct engagement and control of the deployment of the KALiNA Cycle technology • Replaced existing licensee in order to
Slide 12: Highlights Of Business Plan
Highlights Of Business Plan • Targeting criteria • Markets and opportunities that are capital efficient: customer and third party funding available to minimise dilution to the Company. KPO ownership of future projects will be considered on selective economic criteria • Markets where multiple project
Slide 13: Example of KALiNA Cycle Plant Economics
Example of KALiNA Cycle Plant Economics • Capital costs for a 5MWe plant are ~ US$16.6 million (~US$3.325 million per MWe)* • Operating costs fully burdened in the range of 7.6cents per kWh Annualised Costs (Cents Per kWh) Profitability of a 5MWe Plant at 15c per kWh** Site Annual O&M Expenses per k
Slide 14: How Does KPO Make Money With Its Turnkey Licensing Model?
How Does KPO Make Money With It’s Turnkey Licensing Model? KALiNA Net Proceeds KALiNA Net Proceeds Turnkey Revenue Items Gross US$ Per MWe Per MWe 5MWe EPC Margin on overall project cost $250,000 $35,000 $175,000 Turnkey Fee / Engineering Services $500,000 $500,000 $2,500,000 Total (US$) $750,000 $5
Slide 15: KPO Pro-Forma Per MW – Anticipated EBITDA With Sinopec And ROW Projects
KPO Pro-Forma Per MW – Anticipated EBITDA With Sinopec And ROW Projects Financial Year 2017 2018 2019 2020 China Projects* 2 6 14 24 New MW 8 24 56 96 ROW Projects* 0 1 1 1 New MW 0 5 10 10 Total New MW 8 29 66 106 Cumulative 8 37 103 209 Over 15 months Each Additional MW Adds CHINA REVENUE $ 445,25
Slide 16: Board And Management Of Kalina Power and China
Board And Management Of Kalina Power and China Ross MacLachlan, CEO • Thirty-five years of technology development and project funding as CEO and Executive Director, previously at Lignol Energy • Raised over US$100 million in both the conventional energy and alternative energy sectors • Former Direct
Slide 17: Basic Capital Structure and EV Post Fundraising
Basic Capital Structure and EV Post Fundraising • 280,586,693 Shares on Issue = $14,029,334 (Market Cap at the issue price) • Cash = $4,500,000 • EV = $9,529,334 • Short dated options (30 Aug 17) to raise up to a further $5,056,286 • No further funding needed • Company burn rate c.$330,000 per month
Slide 18: Detailed Capital Structure And Fundraising
Detailed Capital Structure And Fundraising Capital Shares Warrants Warrant Warrants @ Management Management Series One Series Two 5c between Options Options @ 10c to 30 @ 5c to 30 28 April 17 @11c to 30 @5.5c to 30 Sept 2016 Aug 2017 and 30 Aug June 2018 Nov 2019 17 Current 148,335,253 21,928,767 7,
Slide 19: Disclaimer
Disclaimer Important Information • This presentation may contain certain forward-looking statements that have been based on current expectations about future acts, events and circumstances • These forward looking statements are, however, subject to risks, uncertainties and assumptions that could cau
Slide 20: Thank you
Thank you 20 Copyright © 2016 KPO