White Energy Company Limited · ASX:WEC
White Energy — ASX Small Caps Conference New York 2008
18 slides from White Energy's conference presentation, Mar 6, 2008
Slide 1: Company Profile
For personal use only White Energy Company Limited (ASX : WEC) Other OTC: WECFY (ADR) Company Profile March 2008
Slide 2: Forward Looking Statements
Forward Looking Statements For personal use only 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
Slide 3: White Energy's Coal Upgrading
White Energy’s Coal Upgrading For personal use only White Energy’s BCB process upgrades low value coals by reducing the moisture and compacting into dense, physically and chemically stable lumps that can be handled, transported and utilized like normal coal.
Slide 4: Company Snapshot
Company Snapshot For personal use only • Listed: Australian Securities Exchange (ASX: WEC). • Other OTC: ADR Program (WECFY). • Business Description: Commercialization of Coal Upgrading Technology. • Shares outstanding: 126,926,022 fully paid ordinary shares. • Options Outstanding: 42,220,735 • Rece
Slide 5: Financial Snapshot
Financial Snapshot For personal use only Consolidated Balance Sheet (A$000’s) 31 Dec 2007 30 June 2007 30 June 2006 Current Assets 48,974 18,411 6,700 Non Current Assets 76,561 67,482 59,126 Total Assets 125,535 85,892 65,826 Total Liabilities 5,956 8,423 4,411 Net Assets 119,579 77,469 61,415 Total
Slide 6: Global Market Drivers
Global Market Drivers For personal use only • Rapidly growing coal demand - Global coal demand is expected to grow significantly through 2030, particularly from the fast growing economies of China and India (IEA). • New crude oil paradigm placing upward pressure on competitive fuels - Rising crude o
Slide 7: Issues Facing the Coal Industry
Issues Facing the Coal Industry For personal use only Coal is the lowest cost and most easily accessed energy source in the world, however there are several issues that reduces its attractiveness as an energy source into the future. • Combustion of coal releases CO2 and inefficient use could have gl
Slide 8: WEC - A Facilitator to Zero Emissions
WEC - A Facilitator to Zero Emissions For personal use only White’s Efficiency Improvements Advanced Technologies Zero Upgraded Coal + Existing Power Plants + New Power Plants + Emissions Coal upgraded by the White Coal Conventional sub-critical plants can Integrated gasification combined Carbon cap
Slide 9: Research and Technology Enhancements
Research and Technology Enhancements For personal use only White Energy’s Strategy: Act as an Enabling Technology Partner Today: • Coal upgraded by White Coal Technology can supply each stage of the coal technology lifecycle, offering significant environmental benefits. • WEC will continue to improv
Slide 10: Coal Dust – A Major Problem in the USA
Coal Dust – A Major Problem in the USA For personal use only • Problems caused by increased levels of track dust Increasing Coal Shipments: Rail Co Ave. PRB Coal Trains Per Day include: – Track surface disruption and increased maintenance costs. – Reduced train velocity on the high density PRB route
Slide 11: The White Energy Technology Benefits
The White Energy Technology Benefits For personal use only • Higher energy content: WEC increases heat the useable energy content by between 30% and 200%, creating valuable power generation efficiencies. • Mechanical process: a mechanical process that is designed to work at coal mines, not a complex
Slide 12: The White Energy Value Added Process
The White Energy Value Added Process For personal use only • The White Coal Technology was originally developed by a consortia led by the CSIRO, the pre-eminent Australian government sponsored research organisation. • Low value coal is crushed and rapidly dried to remove water content and reduce dus
Slide 13: Impact of Upgrading on PRB Coal
Impact of Upgrading on PRB Coal For personal use only Sample – 8,400 BTU/lb PRB coal WEC which starts with 30% moisture Upgraded Coal PROXIMATE ANALYSIS • Energy content increases from (as received basis) Total Moisture arb (%) 6.4 8,400 BTU/lb to 11,345 BTU/lb Ash (%) 6.1 Volatile Matter (%) 41.4 •
Slide 14: Strong Power Plant Performance
Strong Power Plant Performance For personal use only Sub-bituminous coal upgraded by White Energy compares very favorably with higher priced bituminous coal Parameter Sub-bituminous White Energy Australian Bituminous Coal Upgraded Coal Coal 14% ash Boiler Efficiency (%) 85.3 89.4 89.5 Parasitic Load
Slide 15: Strategy for the Year Ahead - Asia
Strategy for the Year Ahead - Asia For personal use only Build earnings and cash flow: Asian Coal Outlook • Global thermal coal import demand (seaborne plus land- – Bayan Resources (Indonesia): commission the borne) is forecast to grow by 116Mt by 2015. 1MTPA plant at the Tabang coal mine in Indones
Slide 16: Strategy for the Year Ahead - USA
Strategy for the Year Ahead - USA For personal use only Execute on US market entry strategy: North American Coal Outlook • Use of sub-bituminous coal has grown rapidly as US power – WEC is in the process of establishing operations utilities switch from local bituminous coals in part to avoid the nee
Slide 17: FY 2007 Highlights
FY 2007 Highlights For personal use only • BHP Billiton appointed as WEC global marketing agent in exchange for $35M funding package, and all relevant documentation has been executed (WEC has drawn down US$10M in funds). • Joint venture with Bayan Resources finalized, construction of first Indonesia
Slide 18: Why Invest in White Energy?
Why Invest in White Energy? For personal use only • White Energy has a technology that represents a first step in building a cleaner coal solution. • White Energy’s unique coal upgrading technology is commercially viable. • White Energy has demonstrated the ability to monetize significant value-add.
White Energy Company — ASX Small Caps Conference New York 2008 on 6ix