White Energy Company Limited · ASX:WEC
White Energy — Investor Presentation (October 2009)
24 slides from White Energy's investor presentation, Oct 28, 2009
Slide 1: Business Update for Investor Presentations
White Energy Company Business Update for Investor Presentations October 2009 White Energy Company 1
Slide 2: Contents
CONTENTS The White Energy Story Our Progress to Date The Next 12 Months White Energy Company 2
Slide 3: The White Energy Story
WHITE ENERGY The White Energy Story White Energy (WEC) is a cleaner coal technology business listed on the Australian Stock Exchange (ASX) with significant global growth opportunities White Energy is exclusive worldwide licensee of a technology which upgrades high moisture low value sub-bituminous a
Slide 4: A Technology Enabled Resource Company
A TECHNOLOGY ENABLED RESOURCE COMPANY The White Energy Story WEC holds the worldwide rights to commercialise the patented BCB technology that is used in the mechanical binderless coal briquetting process BCB Technology Process White Energy Value Proposition White Energy Patented Binderless Coal Briq
Slide 5: WEC Upgraded Coal vs Other Coal Types
WEC UPGRADED COAL vs OTHER COAL TYPES The White Energy Story WEC’s upgraded coal compares favourably with low rank feedstock and higher priced bituminous coals – creating both an environmental and economic incentive for consumers Key metrics of coal performance WEC Coal Performance Boiler Efficiency
Slide 6: Price Arbitrage Opportunity
PRICE ARBITRAGE OPPORTUNITY The White Energy Story The historical and current spreads between the cost of feedstock coal and bituminous coals are significant – providing a great economic opportunity for WEC Value Arbitrage per tonne of upgraded WEC Coal (US$) Likely Plant Costs & Life Expectancy Cor
Slide 7: The Industry 'Sweet-Spot'
THE INDUSTRY ‘SWEET-SPOT’ The White Energy Story WEC is well positioned to leverage macro trends in the energy sector and take coal into the next decade as a cleaner, more efficient fuel Trends in Energy Sector White Energy Solution Leverage under-utilised Rise in energy sub-bituminous or lignite co
Slide 8: Building the Skill Sets to Facilitate Growth
BUILDING THE SKILL SETS TO FACILITATE GROWTH The White Energy Story To ensure that WEC capitalises on the macro opportunity in the energy sector, over the past 12 months we have continued to invest in the skills necessary to create a significant operating business Proprietary Control & Operating Sof
Slide 9: Growing Our Core Capabilities
GROWING OUR CORE CAPABILITIES The White Energy Sector Specifically, strategic investment over the last 12 months has enabled us to grow our core capabilities, and position the company for operational success We have invested in developing …and now have the skill sets required to fuel growth critical
Slide 10: Contents
CONTENTS The White Energy Story Our Progress to Date The Next 12 Months White Energy Company 10
Slide 11: White Energy Is Operating on a Global Stage
WHITE ENERGY IS OPERATING ON A GLOBAL STAGE Our Progress to Date WEC is establishing a global business with international joint venture and strategic partners Where WEC does business Who WEC does business with KEYDESINATIONS KEY DESINATIONS White Energy Business Platform White Energy Business Platfo
Slide 12: Company Evolution
COMPANY EVOLUTION Our Progress to Date Growth is key to our business. We have built a sound geographic foundation from which we can rapidly accelerate the size of our business Strategic Partner Project Status Market Opportunity N/A Construction and N/A - ability to test coal Australia WEC 90,000 TPA
Slide 13: Company Evolution
COMPANY EVOLUTION Our Progress to Date Specifically, 2009 has seen WEC make significant advancements in the company's development Australia 90,000 TPA Cessnock plant utilised for training and coal test / analysis Indonesia The operating Indonesian joint venture company PT Kaltim Supacoal established
Slide 14: Delivery of Cessnock Plant
DELIVERY OF CESSNOCK PLANT Our Progress to Date By commissioning and delivering the Cessnock plant, WEC has established a facility where it can test different coal samples and create a ‘centre of excellence’ for training purposes Coal Sample Testing & Centre of Excellence Analysis • Evaluate differe
Slide 15: PT Kaltim Supacoal
PT KALTIM SUPACOAL Our Progress to Date KSC, our 51% joint venture with Bayan Resources, is now in full operating mode Progress to Date • KSC staff now fully trained with necessary operating skills supplemented by WEC and White Energy Thiess personnel Company • Bayan providing access to feedstock co
Slide 16: Construction of the Tabang Plant
CONSTRUCTION OF THE TABANG PLANT Our Progress to Date Using WEC’s design and project management skills, KSC has completed the construction of the Tabang plant 1. 2. 3. 4. 5. Break Ground & Erect Steel Frame Install Briquetters Mechanical & Commission the Establish Camp & Drying Column Electrical Ins
Slide 17: Commissioning of Tabang
COMMISSIONING OF TABANG Our Progress to Date The Tabang Plant has now been commissioned, and KSC is currently in the process of ramping-up production rates to full capacity Commissioning Process • WEC personnel have been on site for the commissioning process - testing and evaluating the plant as nee
Slide 18: Quality of KSC Coal
QUALITY OF KSC COAL Our Progress to Date Once processed, KSC coal maintains the improved pollution profile of the sub-bituminous feedstock while having an energy content comparable to bituminous coal Assessment of Feedstock Coal and Upgraded Coal Appeal of KSC Coal Tabang KSC Sample Sub-Bituminous C
Slide 19: Current Status of KSC Marketing Initiatives
CURRENT STATUS OF KSC MARKETING INITIATIVES Our Progress to Date KSC has established a clear marketing strategy and has received significant interest from end users Drivers of the rationale for Marketing Update Illustrative Value Proposition KSC Supacoal price premium Environmental Cost Saving Econo
Slide 20: Contents
CONTENTS The White Energy Story Our Progress to Date The Next 12 Months White Energy Company 20
Slide 21: Planned Milestones for 2010
PLANNED MILESTONES FOR 2010 The Next 12 Months Over the course of 2010 WEC is aiming to increase Indonesian capacity to 5 MTPA, progress permitting, design and construction processes in the US, and continue to identify new opportunities in other markets Operate the Tabang mine at full capacity and e
Slide 22: ASSAC Takeover & Investment Mechanics
ASSAC TAKEOVER & INVESTMENT MECHANICS The Next 12 Months WEC is currently the target of a friendly ‘reverse’ takeover by Asia Special Situation Acquisition Corp (ASSAC) – the merged entity will be dual listed on the NYSE and the ASX White Energy Company WEC is an ASX listed coal technology ASSAC is
Slide 23: Investment Opportunity
INVESTMENT OPPORTUNITY The Next 12 Months WEC provides an attractive investment opportunity with exposure to a growing market through a disruptive technology which plays directly into current macro economic needs Investors are looking for… Supporting WEC Metrics Increasing global demand for economic
Slide 24: Forward Looking Statements
FORWARD LOOKING STATEMENTS Except for the historical information contained herein, the matters discussed in this presentation contain forward-looking statements, including statements, containing the words “planned”, “expects”, “believes”, “strategy”, “opportunity”, “anticipates”, and similar words.
White Energy Company — Investor Presentation (October 2009) on 6ix