Eden Innovations Ltd · ASX:EDE
Eden Innovations — Investor Presentation (September 2017)
34 slides from Eden Innovations's investor presentation, Sep 26, 2017
Slide 1: Correction of Error in US Investor Presentation
ACN 109 200 900 AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT For personal use only 26 September 2017 CORRECTION OF ERROR IN US INVESTOR PRESENTATION Eden Innovations Ltd has identified a minor error in the US Investor Presentation announced yesterday. GDOT was referred to on Slide 29 when it should h
Slide 2: US Investor Presentation September 2017
For personal use only US Investor Presentation September 2017 EDE:ASX Innovations that work. EDE.ASX
Slide 3: Disclaimer
Disclaimer STRICTLY CONFIDENTIAL 2 NOT FOR DISTRIBUTION OR TRANSMISSION IN THE UNITED STATES TO PERSONS OTHER THAN “QUALIFIED INSTITUTIONAL BUYERS” (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT)(“QIBS”). THIS PRESENTATION AND THE INFORMATION IN IT IS BEING GIVEN AND PROVIDED ON A For personal us
Slide 4: Disclaimer - continued
Disclaimer- continued 3 For personal use only Forward-looking statements include, but are not limited to, the following: Statements relating to Eden’s future production capacity and sales levels, and business and financial performance; Statements relating to future research and development results a
Slide 5: Board of Directors and Senior Management
Board of Directors and Senior Management 4 For personal use only 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 Se
Slide 6: Carbon Nanotubes (CNT)
Carbon Nanotubes (CNT) 5 For personal use only • Tensile Strength: 200-300x steel • Weight: ≈ 17% of steel • Thermally and electrically highly conductive TEM image of Eden’s MWCNT Applications • Concrete - improves many key performance characteristics - global market estimated at more than $600BN -$
Slide 7: CNT in Plastics / Polymers
CNT in Plastics / Polymers 6 For personal use only UQ/ Eden- ARC Linkage Research Project Highly Encouraging Preliminary Results with CNT in Nylon 6 • High modulus (stiffness)/outstanding ductility/ Excellent dispersion of CNT • Superior ductility /comparable tensile strength vs super-tough commerci
Slide 8: EdenCrete® - CNT in Concrete
For personal use only EdenCrete® - CNT in Concrete 7 CNT provide: • Nucleation points for dense, cement hydration - builds on surface of CNT • Ultra-strong, nano-scale fibre re-enforcement EdenCrete® facilitates: denser, tougher, stronger cement and longer lasting, more durable concrete • Increases
Slide 9: EdenCrete® Applications
EdenCrete® Applications 8 Suitable for Most Concrete Applications For personal use only Increased Abrasion Reduced Permeability / Increased Flexural, Tensile & Resistance Shrinkage Compressive Strength Road & bridge surfaces, Roads, bridges, runways High rise buildings, bridges, pavements, floors re
Slide 10: For personal use only
Increases Increases Increases Reduces Reduces Increases 9 Products Compres Split- Flexural Shrinkage Permeability Abrasion Drawback sive Tensile Strength Resistance Strength Strength For personal use only None Fibers Reduced workability, (PP,PVA,ACRY,LOK) difficult to handle Shrinkage Reducers Stren
Slide 11: EdenCrete® - Type S Admixture ASTM C494 Results
EdenCrete® -Type S Admixture ASTM C494 Results 10 For personal use only EdenCreteTM ASTM C494 Results (Reported by Intelligent Concrete LLC) % Increase over Reference; Dosage = 3 gpy Age (Days) Test 1 3 7 28 56 90 180 365 Compressive Strength (ASTM C39) 25% 35% 39% 41% 41% 39% 38% 37% Flexural Stren
Slide 12: EdenCrete® – Abrasion Resistance
For personal use only EdenCrete® – Abrasion Resistance 11 EdenCrete® Reference Innovations that work. EDE.ASX
Slide 13: EdenCrete® - MARTA – Permeability Test Results
EdenCrete® - MARTA – Permeability Test Results 12 Chloride Content (Wt. %) For personal use only Control Mix - Control Mix - Penetrated Chloride Depth (mm) Not Ponded Ponded Values 10 - 20 0.004 0.059 0.055 25 - 35 0.006 0.045 0.039 40 - 50 0.004 0.005 0.001 55 - 65 0.003 0.004 0.001 Test Mix - Not
Slide 14: EdenCrete® Performance versus Dose
EdenCrete® Performance versus Dose (Gallons per Yard³) 13 Dosage Abrasion Compressive Flexural Tensile Shrinkage For personal use only Gallons/yd³ * Resistance 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
Slide 15: GDOT I-20 Field Trial
14 GDOT I-20 Field Trial For personal use only August 2015 Improvement with EdenCrete® • Compressive Strength - 45.8% at 56 days • Abrasion resistance - 56% at 56 days Outcomes • GDOT - approval to use - 24hr repair mix / B class concrete - First contract- February 2017 - GDOT Specifications amended
Slide 16: GDOT I-20 Field Trial – Update October 2016
For personal use only GDOT I-20 Field Trial – Update October 2016 15 EdenCrete® – No Visible Cracking Control – Visible Crack Across Slab Innovations that work. EDE.ASX
Slide 17: GDOT Repair Mix Specifications
GDOT- 24 Hour Repair Mix Specifications 16 For personal use only FHWA APPROVAL SEPT 2017- INCLUDES FEDERAL FUNDED PROJECTS Innovations that work. EDE.ASX
Slide 18: Anticipated Cumulative Cost Comparison
For personal use only Anticipated Cumulative Cost Comparison* 17 Cost Benefit Analysis • Projected Extra Cost For GDOT GDOT costs / yd3 ≈ 11% more (based on 2 galls/ yd3 @ $25 / gall) High Concentrated EC- anticipated < 20% + cheaper. • Anticipated Increased Service Life >100% • Anticipated IRR
Slide 19: Anticipated Cumulative Cost Comparison
Anticipated Cumulative Cost Comparison* 18 For personal use only $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 20: Georgia- Field Trial- New Road Construction – March 2017
Georgia- Field Trial- New Road Construction – March 2017 19 For personal use only Innovations that work. EDE.ASX
Slide 21: EdenCrete® – First Commercial Project
EdenCrete® – First Commercial Project 20 Ultra High Wear /Abrasion Resistance Application For personal use only Control Trial Slab Typical Ultra High Load EdenCrete® Trial Slab Significant cracks and High loading/ abrasive No cracks or evidence of wear after 6 months application at site wear Innovat
Slide 22: EdenCrete® – Ultra High Wear / Abrasion Resistance Application
EdenCrete® –Ultra High Wear /Abrasion Resistance Application 21 8.5” Concrete slab For personal use only 12”Concrete slab 6” concrete slab w/ wire mesh or macro- w/ #4 steel w/ EdenCrete fibers dosed at 4.5 lbs./yd.3 ≈ $12/ ft.2 ≈ $15/ ft.2 ≈ $22/ ft.2 6” Graded Aggregate 6” Graded Aggregate Base Ba
Slide 23: First Commercial EdenCrete® Infrastructure Contract
First Commercial EdenCrete® Infrastructure Contract 22 Georgia MARTA Bus Garage – Atlanta, GA For personal use only Innovations that work. EDE.ASX
Slide 24: First Commercial EdenCrete® Infrastructure Project
First Commercial EdenCrete® Infrastructure Project 23 For personal use only 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% S
Slide 25: U.S Production Scale-Up
U.S Production Scale-Up 24 Location Est. Cost US $ Estimated Estimated Start Date Date To Anticipated For personal use only 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 >1m
Slide 26: Colorado Stage Scale-up- Completed
Colorado Stage 2 Scale-up- Completed 25 For personal use only Innovations that work. EDE.ASX
Slide 27: U.S Marketing
U.S Marketing 26 Interstate Highways (≈73,000km*) / Bridges (≈605,000) For personal use only • Use ≈ 40% of U.S cement * • ≈ $40 billion p.a. preservation/maintenance bill ** • 146,418 or 24% of bridges - structurally deficient/ functionally obsolete *** • Annual extra costs to motorists - US$66 bil
Slide 28: States where EdenCrete® approved by DOTs
States where EdenCrete® approved by DOTs 27 9 States Currently Approved : For personal use only Arkansas, Colorado*, Georgia, Mississippi, North Carolina, Tennessee, Texas, Virginia and West Virginia** These States have: • 23.45% of total US population • 19.11%% of total US land area • 36,004 bridge
Slide 29: Georgia - Infrastructure Marketing and Sales
Georgia - Infrastructure Marketing and Sales 28 GDOT - $1.1BN p.a. budget For personal use only • EdenCrete® - ALL State funded repairs- GDOT budget ≈ $20 million- 28 lane miles • FHWA approval Sept 2017- First GDOT project: - I-16- $10million - 11 lane miles project - est. EdenCrete® budget ≈ $1.2m
Slide 30: Texas - Infrastructure Marketing and Sales
Texas - Infrastructure Marketing and Sales 29 TxDOT For personal use only • Budget: ≈ $28 billion over next two years • Approval of EdenCrete® for bridge beams in 2 concrete mixes for Valley Precast Products, a major precast manufacturer • 3 year bulk supply contract signed with Valley Precast and f
Slide 31: EdenCrete® Precast Concrete – Mix Design Optimization - Texas
EdenCrete® Precast Concrete – Mix Design Optimization -Texas 30 AIM- Accelerate early strength to: For personal use only • Turn forms faster • Release I-beams sooner • Meet standards & save cost Outcome: • Reduced 930 lbs. to 800lbs total cementitious material (75% cement/ 25% Class F Fly Ash) • Pot
Slide 32: Colorado- Denver Public Works
Colorado- Denver Public Works 31 2nd Trials for De-Icing and Road Chemicals For personal use only • Major follow-up trial to trials done in February 2017 • Possible outcomes- widespread use in Denver and possible lead into CDOT (on APL) • Relevant for many applications in colder climates around the
Slide 33: Capital Structure
Capital Structure 32 For personal use only Issuer Eden Innovations Limited Symbol/ Exchange EDE. ASX Issued shares 1,263,708,997 Stock Price (1) A$0.195 Market Cap (1) ≈A$281 million (2) Cash ≈A$7.9 million (3) Debt Nil 1) As at 21 September 2017 2) Incl. EDEO 205m Ex @ 3c 30.9.18 3) As of 30 June 2
Slide 34: Greg Solomon, Executive Chairman
33 Greg Solomon For personal use only Executive Chairman Level 15, 197 St. Georges Terrace, Perth, Western Australia Tele: +61 8 9282 5889 Email: gsolomon@edeninnovations.com edeninnovations.com EDE.ASX Innovations that work. EDE.ASX
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