Tlou Energy Ltd · ASX:TOU
Tlou Energy — Shareholder Meeting (October 2017)
24 slides from Tlou Energy's shareholder meeting presentation, Oct 25, 2017
Slide 1: AGM Presentation
0 AGM PRESENTATION 25 October 2017 For personal use only
Slide 2: Disclaimer
1 Disclaimer This presentation (Presentation) has been prepared by Tlou Energy Limited (Tlou). The Presentation and information contained in it is being provided to shareholders and investors for information purposes only. The information For personal use only contained in this disclaimer does not c
Slide 3: Company Information
2 Company Information For personal use only MARKET ASX / AIM EPIC TOU / TLOU ISSUED SHARE CAPITAL ~306M (ASX 54%, AIM 46%) / Fully Diluted ~311M MARKET CAP (23-Oct-17) AUD ~$52M / GBP ~£31M CASH BALANCE (30-Sept-17) AUD ~$5.3M NOMAD GRANT THORNTON UK LLP SHORE CAPITAL STOCKBROKERS LIMITED (UK) BROKE
Slide 4: Board
3 Board For personal use only Martin McIver • Over 17 years experience in finance Gabaake • Geologist, former Botswana Permanent Chairman and mining services Gabaake Secretary at Ministry of Minerals • Currently CFO of the WorkPac group Executive Energy & Water Director • Former director of Debswana
Slide 5: Who is Tlou Energy?
4 Who is Tlou Energy? For personal use only Gas-to-Power in Botswana Market with huge demand Supportive Government 1st mover advantage Upstream environmental approval and Mining Licence in place Significant Gas Reserves and Contingent Resources www.tlouenergy.com
Slide 6: Botswana Project Map
5 Botswana Project Map For personal use only www.tlouenergy.com
Slide 7: Coal Bed Methane in Botswana
6 Coal Bed Methane in Botswana For personal use only Proven technology to deliver CBM natural gas www.tlouenergy.com
Slide 8: The Market
7 The Market For personal use only Southern African Power Pool (SAPP) Electricity Shortfall Botswana Other SAPP 288 MW members (combined) 1,901 MW South Africa 5,994 MW Source: Botswana Power Corporation presentation at the 2016 Botswana Resource Sector Conference. Shortfall represents peak demand a
Slide 9: Creating employment in Botswana since 2009
…creating employment in 8 Botswana since 2009 For personal use only www.tlouenergy.com
Slide 10: Lesedi in Numbers
9 Lesedi in Numbers For personal use only Contingent Gas Resources (PL1 & 3P reserves: 261 BCF) 1st Stage by 2019 Mining Licence area (100MW - 30+ Years) Total Acreage: only) cover 3C resources (3,183 BCF) Staged to ~8,300 km2 ~1,800 km2 (100MW - 200+ years) 100MW Target 3C Contingent Resources: 3,1
Slide 11: How Have We Got Here?
10 How Have We Got Here? For personal use only 2010 2012 2014 2016 Tlou acquired First Contingent Gas flared at CBM power pilot project supported acreage 100% Gas Resources Selemo by Government of Botswana Environment approval for Upstream Field Development First Gas Reserves 2009 2011 2013 2015 201
Slide 12: Environmental approval
11 Environmental approval Upstream For personal use only Environment Impact Statement (EIS) approved Project to create local direct and Comprehensive indirect two year process employment Potential for Only CBM Gas agricultural use EIS approved in of extracted Botswana water Extensive Minimal impact
Slide 13: Potential Synergies
12 Potential Synergies For personal use only Rural electrification Clean Feedstock to cooking to support new reduce illness CBM Industry from unclean fuels Natural Gas Significant Complement Direct Solar Power Employment www.tlouenergy.com
Slide 14: Current Workstreams
13 Current Workstreams For personal use only Q3 2017 Q4 2017 Q1 2018 100MW Gas-to-Power project Seismic results and analysis Additional Reserves submission (RFP) and Contingent Resources (subject to results) 250 km Seismic survey to Core-well drilling Anticipated RFP reply from begin Government www.
Slide 15: Reserves & Contingent Resources
14 Reserves & Contingent Resources For personal use only Independent Gas Reserves Certification Technical Fundamentals (1) 0.17 3.9 261.1 Coal Depth ~350-800m BCF BCF BCF Gas Contents (Average) ~6 m3/t (DAF) (1P) (2P) (3P) Gas compositions ~90% methane (1) (2) Gas Reserves Gas Contingent Resources T
Slide 16: Project Development – 1st Stage
15 Project Development – 1st Stage For personal use only Stage 1A ➢ Initial 2MW Grid Connection Stage 1B ➢ 8MW Expansion (expansion shown in dotted red box) Source: Jamike Engineering www.tlouenergy.com
Slide 17: Generating Power from CBM in Botswana
… generating Power from CBM in Botswana For personal use only 16 www.tlouenergy.com
Slide 18: Botswana - Leading Economy in Sub-Saharan Africa
17 Botswana - Leading Economy in Sub-Saharan Africa For personal use only GDP per Capita Comparison* 18,000 • Favourable Environment for Resource Investment 16,000 • Large Diamond exporter 14,000 • Large Beef/Tourism industry 12,000 • Growing economy USD 10,000 • Stable, democratic government 8,000
Slide 19: Existing Power Distribution Network
18 Existing Power Distribution Network For personal use only www.tlouenergy.com
Slide 20: Seismic Program
19 Seismic Program For personal use only Preliminary processed seismic line extract & interpreted top of coal ~Basalt ~Top of coal section • Excellent quality data being obtained • Results may expand Gas Reserves and Contingent Resources • Data will assist in selection of area for first phase of pro
Slide 21: 2017: Further Appraisal - Aeromagnetic Data
20 2017: Further Appraisal For personal use only Aeromagnetic Data www.tlouenergy.com
Slide 22: 2017: Further Appraisal - Cross-Section
21 2017: Further Appraisal For personal use only Cross-Section www.tlouenergy.com
Slide 23: Investment Case
22 Investment Case For personal use only Independently Certified Gas Reserves & Contingent Resources Huge electricity Supportive Low cost Significant Mining licence market government drilling CBM experience granted Providing power for Botswana in 2019 and beyond www.tlouenergy.com
Slide 24: For personal use only
For personal use only Tlou Energy Limited 210 Alice St Brisbane QLD 4000 Australia +61 7 3012 9793 Ground Floor, Victoria House 132 Independence Avenue Gaborone Botswana +267 316 0857 www.tlouenery.com info@tlouenergy.com ASX: TOU AIM: TLOU