Jatcorp Ltd · ASX:JAT
Jatcorp — Jatoil — Investor Presentation (May 2008)
22 slides from Jatcorp's investor presentation, May 13, 2008
Slide 1: Investor Presentation
For personal use only Investor Presentation Newcastle 14th May 2008
Slide 2: Jatoil Vision
Jatoil Vision For personal use only Jatoil Ltd is a sustainable global business producing renewable fuels with social & environmental responsibility.
Slide 3: Outline
Outline For personal use only • The management team • Recent share price • Jatoil milestone announcements • Market drivers • Investment Strategy • Alliances • Project progress • Industry news
Slide 4: Jatoil Ltd management team
Jatoil Ltd management team For personal use only Board of Directors Mike Taverner Ross Kestel Tom Hancock Company Secretary Emmanuel Correia Executive Chairman Mike Taverner Business Development Office Manager Tony Crimmins Emma Rollston Legal Financial Control Steinepreis Paganin Derek Bolling Audi
Slide 5: Recent Jatoil Share Price impacts
Recent Jatoil Share Price impacts For personal use only • Impacted by two major occurrences: – Down turn in the share market generally – Collapse of Opes Prime and the continued selling of 2.86 million shares (April 8th announcement) and the failure of Lift Capital • On the bright side – overall 99%
Slide 6: Jatoil Milestone Announcements
Jatoil Milestone Announcements For personal use only • January 2006 - Incorporated • January 30th 2008 - listed on the ASX • January 30th 2008 - acquired PT Biodiesel AustIndo (Indonesia) • April 2nd 2008 - alliance with Perennial Biofuel (Norway) • May 5th 2008 - alliance with Imperium Renewables I
Slide 7: Market outlook
Market outlook For personal use only The chart below from the International Energy Agency project the biofuel markets to grow at 25-40% p.a., providing part of the rationale for entering the biofuel business.
Slide 8: Growing jatropha for biodiesel production is a sunrise industry
Growing jatropha for biodiesel For personal use only production is a sunrise industry • few precedents; • greenfields development for partners & investors; • strong emotional drivers • extremes of media coverage • high potential for return Jatoil’s strategy addresses these issues
Slide 9: Jatoil Structure & Strategy
Jatoil Structure & Strategy For personal use only Corporate Level JAT Alliance partners Country Level JV 1 JV 2 JV3 Project Level
Slide 10: Jatoil Corporate
Corporate Jatoil Corporate Country For personal use only Project • Public company with shareholder funds • Conduit for further development and delivery of renewable energy technologies • Alliances with like-minded businesses • Service subsidiaries and JVs: – loan & finance facilities – business plan
Slide 11: Joint Venture Investments
Corporate Joint Venture Investments Country For personal use only Project What we look for What we avoid • Deep local knowledge and • Unrealistic projections networks • Unproven business • Competent managers concepts • Sensible business models • Vendor sell downs • Realistic pricing • Poor infrastru
Slide 12: Project structure
Corporate Project structure Country For personal use only – 3-stage process Project Stage 1 Stage 2 Stage 3 Infra- 5,000ha 25,000ha structure
Slide 13: Project Stage 1: Agri-station
Project Stage 1 1 For personal use only • Agri-station that both proves the business concept and develops essential infrastructure for growth – Central office and warehouse – 50-100ha model jatropha plantation – Plant Nursery and processing facilities – Refinement of jatropha varieties and associate
Slide 14: Project Stage 2: Stage expansion
Project Stage 2 2 For personal use only • Stage 2 expansion proves the commercial scale – Contract farming neighbouring Agri-station – Up to 5,000 ha in 2 year period – Agri-station now also for seed collection, processing and possible refining – Local farmers supported with training, seedlings, fer
Slide 15: Project Stage 3: Plantation expansion
Project Stage 3 3 For personal use only • Stage 3 commercial expansion to optimum plantation scale – Contract farming from 5,000 ha to 25,000 ha in 3 years – Agri-station expanded and additional processing capacity installed – Satellite centres established – Maturity of field within years 3-4 Planta
Slide 16: Alliances: Perennial Biofuels
Alliances: Perennial Biofuels For personal use only • Perennial’s overall business is to produce, process, and sell a liquid energy carrier. • Ghana-based subsidiary BioFuel Africa Ltd, is to develop a substantial and sustainable business in Ghana based on sales of crude Jatropha curcas oil. • Benef
Slide 17: Alliances: Imperium Renewables
Alliances: Imperium Renewables For personal use only • Imperium Renewables Inc. (IRI) is a international leader in biodiesel refining and manufacturing technology. • Developed proprietary technology and processes in both the production facility and oil feedstock areas. • Opened the USA’s largest bio
Slide 18: Jatoil - Indonesia
Jatoil - Indonesia For personal use only • PT Biodiesel AustIndo • Planting on Site – Numerous MOUs with opportunity – 2 particular sites identified – Potential to harvest now with wild jatropha – Project plans developed – Active Investment partners
Slide 19: Vietnam – where we are
Vietnam – where we are For personal use only • Unique “command-control economy” • Large quantities of marginal land • Excellent port infrastructure • Economic opportunity for farming community
Slide 20: GreenEnergy Joint Stock Company
GreenEnergy Joint Stock Company For personal use only • Jatoil Ltd and GreenEnergy Biofuels Joint Venture agreement signed – May 2008 • Initial Pilot project in Ninh Thuan approved by Vietnamese authorities – Competent local management – 4 project sites – Test expansion viability before major invest
Slide 21: Plantation development in Vietnam
Plantation development in Vietnam For personal use only
Slide 22: Industry news
Industry news For personal use only • Virgin Blue and Imperium Renewables commercial test flight of 747 flight on biojet fuel • Inter-American Development Bank announces revision to its criteria in evaluating biofuel projects – preference for non-food feedstocks • D1 shuts down its biodiesel refiner