Eden Innovations Ltd · ASX:EDE
Eden Innovations — Investor Presentation (November 2016)
31 slides from Eden Innovations's investor presentation, November 2016
Slide 1: Investor Presentation
Investor Presentation November 2016 EDE. ASX
Slide 2: Disclaimer
Disclaimer 2 FORWARD LOOKING STATEMENTS This presentation includes certain forward-looking statements of Eden’s management. Forward-looking statements are statements that contemplate the happening of possible future events and are not based on historical fact. Forward-looking statements may be ident
Slide 3: Company Highlights
Company Highlights 3 . Innovations that work. EDE.ASX
Slide 4: Capital Structure
Capital Structure 4 Issuer Eden Innovations Limited Symbol/ Exchange EDE. ASX Issued shares 1,253,544,739 Stock Price (1) A$0.23 Market Cap (1) A$330 million (2) Cash (1) ≈A$20.8 million Debt Nil 1) As of 23 November 2016 2) Incl EDEO 215m Ex @ 3c 30.9.18 Innovations that work. EDE.ASX
Slide 5: Board of Directors and Senior Management
Board of Directors and Senior Management 5 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 Secretary/ CFO • Aaron G
Slide 6: Company Products
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 • Weight: ≈ 17% of steel • Strengthens concrete, plastics TEM image of Eden’s MWCNT •CNT provide: Nucleation points for dense, cement hydration that builds on surface of CNT (see image) Ultra-strong nano-scale fibre re-enforc
Slide 8: Products comparison for concrete performance
Increases Increases Increases Reduces Reduces Increases 8 Products Compres Split- Flexural Shrinkage Permeability Abrasion Drawback sive Tensile Strength Resistance Strength Strength None Fibers Reduced workability, (PP,PVA,ACRY,LOK difficult to handle ) Shrinkage Reducers Strength reduction, expens
Slide 9: CNT in Concrete Applications
9 CNT in Concrete Applications Increased Abrasion Resistance Lower Permeability / Lower Increased Compressive Shrinkage and Tensile Strength Road & bridges surfaces Roads, bridges, runways High rise buildings, bridges, Coastal and marine applications retaining walls, pre-fabricated pavements, floors
Slide 10: U.S and Australian Concrete Trials 2015-16
10 U.S and Australian Concrete Trials 2015-16 EdenCrete™ Reference Innovations that work. EDE.ASX
Slide 11: U.S and Australian Concrete Trials 2015-16
U.S and Australian Concrete Trials 2015-16 11 EdenCrete™ Reference Innovations that work. EDE.ASX
Slide 12: ASTM C494 “S” – Results to 180 days
ASTM C494 “S” – Results to 180 days 12 Testing by Intelligent Concrete LLC. Intelligent Concrete is entitled to receive royalties on sales of EdenCreteTM % Increase of EdenCreteTM (4gal/yd3) Over Reference Age (Days) Test 1 3 7 28 56 90 180 365 Compressive Strength (ASTM C39) 25% 35% 39% 41% 41% 39%
Slide 13: EdenCrete™ – Abrasion Resistance
EdenCrete™ – Abrasion Resistance 13 EdenCrete™ Reference Innovations that work. EDE.ASX
Slide 14: GDOT I-20 Trial
GDOT I-20 Trial August 2015 Improvement with EdenCrete™ • Compressive Strength - 45.8% at 56 days • Abrasion resistance – 56% at 56 days (20 min trial) Outcomes • GDOT approval to use in 24hr mix B class concrete • 2nd field trial, class A concrete Q2/Q3 2016 Innovations tha ED
Slide 15: GDOT I-20 Field Trial – Update October 2016
GDOT I-20 Field Trial – Update October 2016 15 EdenCrete™ – No Visible Cracking Control – Visible Crack Across Slab Innovations that work. EDE.ASX
Slide 16: Anticipated Cumulative Cost Comparison
16 Anticipated Cumulative Cost Comparison* 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™ , 60% more repairs ach
Slide 17: Anticipated Cumulative Cost Comparison
17 Anticipated Cumulative Cost Comparison* $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 18: EdenCrete™ Performance versus Dose (Gallons per Yard)
EdenCrete™ Performance versus Dose (Gallons per Yard) 18 Dosage Abrasion Compressive Flexural Tensile Resistance Shrinkage Gallons/yd³ * 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% 46% 59% 39% * 1 gallo
Slide 19: EdenCrete™ – First Commercial Project
EdenCrete™ – First Commercial Project 19 Ultra High Wear /Abrasion Resistance Application Control Trial Slab Typical ultra high load/ EdenCrete Trial Slab Significant cracks and abrasive application at site No cracks of evidence of wear after 6 months wear Innovations that work. EDE.ASX
Slide 20: EdenCrete™ – First Commercial Project
20 EdenCrete™ – First Commercial Project Ultra High Wear/Abrasion Resistance Application • 50% thickness vs new ultra high strength slab • Only EdenCreteTM used (no steel mesh or rebar) • No significant sub-base preparations • At least a comparable 5-year service life expected • Total cost saving of
Slide 21: First Commercial EdenCrete™ Infrastructure Contract
First Commercial EdenCrete™ Infrastructure Contract 21 Georgia MARTA Bus Garage – Atlanta, GA Innovations that work. EDE.ASX
Slide 22: First Commercial EdenCrete™ Infrastructure Project
First Commercial EdenCrete™ Infrastructure Project 22 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% Shrinkage Reduction - 9
Slide 23: U.S Marketing Update – Initial Targets
U.S Marketing Update – Initial Targets 23 Interstate Highways (≈73,000km*) / Bridges (≈605,000) • Use ≈40% of U.S cement * • ≈US$40 billion p.a. preservation/maintenance bill ** • 146,418 or 24% of bridges are structurally deficient/ functionally obsolete *** • Annual extra costs to motorists - US$6
Slide 24: U.S Infrastructure Marketing - Georgia
U.S Infrastructure Marketing - Georgia 24 • GDOT - Approved for road repairs - awaiting contract and trial for new roads - Discussing bridge applications - 14,700 bridges - 2,600 structurally deficient/ functionally obsolete* - US$1.1bn p.a. budget - planned 76 lane miles trucks US$2.06bn - 200 brid
Slide 25: U.S Infrastructure Marketing – Other Progress
U.S Infrastructure Marketing – Other Progress 25 US State DOTs other than GDOT • Approval process started with other DOTs for roads and bridges • Trials for precast bridge beams commenced • Approval for use in further state DOTs likely in 2016 and 2017 - ASTM C494 “S” – Testing to be completed in ea
Slide 26: U.S Sales and Marketing
U.S Sales and Marketing 26 Sales Team – Coverage of All Continental U.S • Senior Vice President of Business Development appointed • 9 sales staff – 2 managers / 6 salespeople/ 1 technical sales support Over 20 Trials across US - Infrastructure and Non- Infrastructure • Pervious concrete – underway •
Slide 27: U.S Production Scale-Up
U.S Production Scale-Up 27 Location Est. Cost US $ Estimated Estimated Start Date Date To Anticipated 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 ≈2.4m galls p.a. $50m-62m
Slide 28: U.S Production Scale-Up - Progress
U.S Production Scale-Up - Progress 28 Colorado Production • Stage 2 Scale-up in Colorado on schedule for completion March 2017 • Planning underway for possible, low cost, further expansion of Colorado production capacity, if needed to cover any future production shortages until proposed Georgia plan
Slide 29: CNT in Plastics / Polymers
29 CNT in Plastics / Polymers UQ/ Eden- ARC Linkage Research Project Highly Encouraging Preliminary Results with CNT in Nylon 6 • Excellent combination of high modulus (stiffness) and outstanding ductility. • Superior ductility /comparable tensile strength vs super-tough commercial Nylons. • Higher
Slide 30: CNT in Plastics / Polymers Cont.
30 CNT in Plastics / Polymers Cont. UQ/ Eden- ARC Linkage Research Project Highly Encouraging Preliminary Results with CNT in Nylon 6 • Visual clarity and transparency – potentially suitable for a super-tough-film grade. • Relatively low-cost processing method. • Possible suitable future markets - a
Slide 31: Greg Solomon
31 Greg Solomon Executive Chairman Level 15, 197 St. Georges Terrace, Perth, Western Australia Tele: +618 9282 5889 Email: gsolomon@edeninnovations.com edeninnovations.com EDE.ASX Innovations that work. EDE.ASX
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