High Peak Royalties Limited · ASX:HPR
High Peak Royalties — Investor Presentation (March 2019)
11 slides from High Peak Royalties's investor presentation, Mar 13, 2019
Slide 1: Revised Investor Presentation and Retraction of Share Price Target
For personal use only 13 March 2019 REVISED INVESTOR PRESENTATION AND RETRACTION OF SHARE PRICE TARGET High Peak Royalties Limited (ASX: HPR) (Company) advises that the Investor Presentation lodged with ASX on 11 March 2019 inadvertently included a share price target as provided in a commissioned br
Slide 2: About High Peak Royalties
About High Peak Royalties: High Peak Royalties Ltd (ASX:"HPR") is building a portfolio of diversified high value resource royalties around the world. In the current climate, High Peak is looking to partner with capable For personal use only operators to secure royalties over high value producing ass
Slide 3: Proactive Investors Presentation March 2019
For personal use only Proactive Investors Presentation March 2019
Slide 4: Disclaimer
Disclaimer For personal use only The material in this presentation (material) is not and does not constitute an offer, invitation or recommendation to subscribe for, or purchase any security in High Peak Royalties Limited (HPR) nor does it form the basis of any contract or commitment. HPR makes no r
Slide 5: Corporate Overview
Corporate Overview For personal use only Capital Structure – HPR.ASX As at 01 March 2019 Ordinary Shares on Issue 189m Market Capitalisation at $0.063/share $11.9m Cash Balance $1.1m Royalco Resources stake (ASX: RCO) $1.1m Board Andy Carroll Non-Executive Chairman Anthony Wooles Non-Executive Direc
Slide 6: Why Royalties?
Why Royalties? For personal use only Royalties Provide Favourable Risk Profile • Royalties provide a share (%) of the revenue • No direct exposure to costs • Registered on land title • Typically long term – Exploration Licence – Production license • Typically significant option value – Exploration D
Slide 7: HPR Royalty Portfolio - Australia's Major Basins
HPR Royalty Portfolio - Australia’s Major Basins For personal use only Cooper Eromanga Basin Santos Browse Basin Beach Energy Conoco Phillips PetroChina Bowen Basin Karoon Gas Origin Energy Origin Energy Conoco Phillips Sinopec Shell North Carnarvon Basin Santos Karoon Gas Surat Basin Shell QGC Toky
Slide 8: Queensland Coal Seam Gas and Deep Gas Potential
Queensland Coal Seam Gas and Deep Gas Potential For personal use only Main Gas • Origin Energy / APLNG pays HPR Pipeline to Gladstone 2.25% royalty on Peat gas field LNG Plants • Capex increased to $16.8m due to drilling of South Burunga-2 (“SB2”) and preparation for Peat 3D seismic survey noted in
Slide 9: Dukas – Drilling to test hydrocarbons and helium
Dukas – Drilling to test hydrocarbons and helium For personal use only HPR has 1% Royalty • Dukas is the largest onshore target (520 km2 closure) in Australia • Santos announced drilling H1 2019. CTP say “April” • 2.4 tcf gas and 493 bcf Helium (CTP) • Helium has very high value (>10 x gas pricing)
Slide 10: Planet Gas – Delivering Long Term Cash Flow
Planet Gas – Delivering Long Term Cash Flow For personal use only • Acquisition of Planet Gas USA Inc completed December 2018 • Revenues from October 2018 • Key terms of the acquisition: • 3% royalty on properties in USA • 2,400 producing wells • Long life production • Demonstrated cash flow current
Slide 11: HPR Post Planet Gas Completion
HPR Post Planet Gas Completion For personal use only • Revenue generation from multiple royalties • Zero exposure to capital or operating expenditure • US $15m facility with Macquarie Bank • HPR highly regarded having worked through the oil price downturn with very close attention to cost • Signific
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