Oracle Power Plc · LSE:ORCP
Oracle Power — Investor Presentation (August 2020)
15 slides from Oracle Power's investor presentation, August 2020
Slide 1: International Power Project Developer
International Power Project Developer Corporate Presentation | August 2020
Slide 2: Disclaimer
DISCLAIMER The information contained in this confidential document (“Presentation”) has been prepared by Oracle Power plc (the “Company”). It has not been fully verified and is subject to material updating, revision and further amendment. This Presentation has not been approved by an authorised pers
Slide 3: Overview
OVERVIEW • An international power and natural resources project developer listed on AIM (ORCP.L) • Actively developing a major coal resource in the Thar region of the Sindh Province in Pakistan • Focused on delivering reliable and affordable power • Unlocking the value of underutilised and underdeve
Slide 4: The Asset
THE ASSET Asset Overview Thar Project Development Agreements • 30 years lease of 66.1 km2 Block VI in Thar • Joint Development Agreement with the Desert, Sindh Province, Pakistan Private Office of H.H. Sheikh Ahmed • Support under CPEC to develop a Thar Coal Dalmook Juma Al Maktoum and China based 1
Slide 5: Location
LOCATION Corporate Presentation | August 2020 5
Slide 6: Project: Thar Block VI
PROJECT: THAR BLOCK VI Project Expenditure • Exploration and Development expenditure to date of US$23.25 million/£ 18.4 million • Gross project cost of US$ 6-8 billion to be funded under CPEC with debt equity ratio of 75/80 : 25/20 Project Income • Expected IRR for coal is 16-18% dollar based for 30
Slide 7: Financing Facility
FINANCING FACILITY Up to £46.5 million financing facility available, arranged by Riverfort Global Capital Ltd • Total Financing Facility of up to £46,500,000: • £1,500,000 (gross) through a share subscription deed ; and • Up to £45,000,000 placing subscription facility (the "PSF"), subject to variou
Slide 8: Integrated Project Milestones
INTEGRATED PROJECT MILESTONES The milestones achieved or in the pipeline for the integrated project include the following; Mining • Geology & Resources: A total of 69 boreholes and 4 geotechnical boreholes drilled in the designated Phase 1 & Phase 2 mining area to take the resource to JORC Compliant
Slide 9: Block VI Coal Resource
BLOCK VI COAL RESOURCE • Coal seam ranges between 16.9m to 39.76m of lignite to sub-bituminous in rank • The average gross calorific value is 3,182 k cal/wet kg • Moisture content averages 46% and there is potential to de-water and to supply other industries • Average ash content 5.89%, average sulp
Slide 10: Project Partners
PROJECT PARTNERS China National Coal Development Company Ltd The Private Office of HH • Largest Chinese state-owned coal company and owns more • Private office of UAE’s Highness Sheikh Ahmed Dalmook Al than 70 coal mines in China Maktoum has a portfolio of privately held group companies that focus m
Slide 11: Experts and Consultants
EXPERTS AND CONSULTANTS Dargo Associates (UK) Overall Work Programme Management Wardell Armstrong International (UK) Environment & Social Impact Assessment (ESIA) RPS Aqua Terra (Australia/UK) Hydrogeology SRK Consulting (UK) Definitive Mine Feasibility Study to Bankable Standard Engineering Consult
Slide 12: Key Milestones
KEY MILESTONES Mine 30 year Mine Mine ESIA: Population Coal price Offer of fresh Offer of LOI: Fees Paid feasibility Lease (with NOC from census (feasibility water supply power Process of ($ 50,000) study 30 year SEPA completed – stage) for power evacuation issuance completed by extension) Mining Le
Slide 13: Appendices
APPENDICES 4 yp
Slide 14: Project Development Process
PROJECT DEVELOPMENT PROCESS Phase I: Coal to Power Coal Project Oracle Power PLC Power Project Sindh Carbon Energy Limited Thar Electricity (Private) Ltd (SCEL) (TEPL) Coal Supply Agreement Implementation Agreement & Mining Lease (Government Government Guarantee of Sindh) (Government of Pakistan) En
Slide 15: Key Data
KEY DATA SHARE PRICE Major Shareholder No. of % shares Holdings The Private Office of Sheikh 300,000,000 15.1 Ahmed Bin Dalmook Al Maktoum Brandon Hill Capital 173,300,000 8.75 Power Equity Investments 153,846,618 7.77 03-Jun-19 Ltd Board of Directors Senior Management Dr K Laghari 95,652,174 4.83 M