Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

EDEN INNOVATIONS LTD AGM Information 2015

Nov 24, 2015

64820_rns_2015-11-24_b7e7beac-cce6-4441-a40a-2739262b63ce.pdf

AGM Information

Open in viewer

Opens in your device viewer

==> picture [720 x 59] intentionally omitted <==

==> picture [200 x 98] intentionally omitted <==

Annual General Meeting 25 November 2015 Greg Solomon Chairman

Corporate Details*

==> picture [96 x 53] intentionally omitted <==

ASX Codes: EDE, EDEO

Total Issued Shares: 992m

Total Issued Options: 204m

(3 cents - 30 Sept 2018)

Share Price: $0.067

Market Capitalisation: $66.5m

Major Shareholder: Tasman Resources Ltd – 44.21%

*** As at 23 November 2015**

25 November 2015

Corporate Structure

==> picture [96 x 53] intentionally omitted <==

==> picture [471 x 302] intentionally omitted <==

----- Start of picture text -----

Eden Energy Ltd
(ASX : EDE)
(AUSTRALIA)
Dual Fuel, Hydrogen
Clean Technology Projects and Carbon Technology
100%
Eden EdenCrete Eden Energy
Innovations Industries India
LLC Inc. Pvt Ltd
(USA) (USA) (India)
100% 100% 100%
----- End of picture text -----*

*EdenCrete Industries Inc. is to be the US EdenCrete[TM] production and marketing company UK Gas assets to be sold

25 November 2015

Multi-walled Carbon Nanotubes

==> picture [96 x 53] intentionally omitted <==

==> picture [360 x 325] intentionally omitted <==

Tensile strength - 200-300x steel

  • Weight -Approx. 17% of weight of steel

Highly conductive of heat and electricity

  • Produces more durable concrete

  • Potential uses in Plastics and Conductive Coatings

TEM image of Eden’s MWCNT

25 November 2015

Eden’s US CNT/CNF Production

==> picture [96 x 53] intentionally omitted <==

==> picture [396 x 291] intentionally omitted <==

Eden’s Pilot Commercial Scale Reactors, Colorado

  • Colorado- currently being scaled up to ≈ 20 tonnes p.a.

  • Efficient catalyst production capacity has been expanded

  • High quality/low cost CNT/CNF

  • Plans underway for major scale-up in Georgia to 250 tonnes p.a. and expanding to 1,000 tonnes p.a.

25 November 2015

==> picture [96 x 53] intentionally omitted <==

EdenCrete in Concrete - Benefits

Greater strength - compressive and flexural/tensile

Reduced abrasion - longer life, harder wearing concrete

Reduced permeability - less permeable concrete

  • Reduced shrinkage- less cracking

Wet properties remain unchanged

  • Liquid admixture added during batching process

ASTM Standards Testing Underway

25 November 2015

CNT in Concrete – Results to Date

==> picture [96 x 53] intentionally omitted <==

US and Australian Concrete TrialsResults from US and Australian Trials include:Compressive strength - < 46% increaseTensile strength - < 48% increasePermeability - < 55% reduction (improvement)Abrasion rate - < 60% reduction (improvement)

25 November 2015

CNT in Concrete- Applications

==> picture [96 x 53] intentionally omitted <==

Global Applications

Increased Abrasion Resistance

o road and bridge surfaces, pavements, floors

  • Lower Permeability

  • roads, bridges, runways (subject to “freeze thaw”/salt conditions)

o coastal and marine applications

o dams, spillways, sewer /water pipelines

  • Increased Compressive and Tensile Strength

  • high rise buildings, bridges , retaining walls, pre-fabricated concrete applications

25 November 2015

First US Commercial Projects -2015

==> picture [96 x 53] intentionally omitted <==

==> picture [648 x 357] intentionally omitted <==

25 November 2015

First US Commercial Projects- 2015

==> picture [96 x 53] intentionally omitted <==

==> picture [648 x 357] intentionally omitted <==

25 November 2015

First US Commercial Projects- 2015

==> picture [96 x 53] intentionally omitted <==

==> picture [257 x 385] intentionally omitted <==

25 November 2015

First US Commercial Projects- 2015

==> picture [96 x 53] intentionally omitted <==

==> picture [648 x 357] intentionally omitted <==

25 November 2015

First US Commercial Projects- 2015

==> picture [96 x 53] intentionally omitted <==

==> picture [649 x 358] intentionally omitted <==

25 November 2015

First US Commercial Projects- 2015

==> picture [96 x 53] intentionally omitted <==

==> picture [648 x 357] intentionally omitted <==

25 November 2015

EdenCrete - % Improvements*

==> picture [96 x 53] intentionally omitted <==

56 Day - 0.5 Gal 56 Day - 2 Gal 56 Day - 4 Gal Compressive 10% 29% Split Tensile 19% 18.5% 23% Abrasion 46% 57% 60.5% Resistance 20 Minutes B Electrical 53% Perm (kΩ.cm)

*** MetroMix- Colorado- Trials 2015**

25 November 2015

==> picture [96 x 53] intentionally omitted <==

Abrasion Resistance Results -2015

25 November 2015

==> picture [96 x 53] intentionally omitted <==

Abrasion Resistance Results- 2015

25 November 2015

GDOT I-20 Field trial – August 2015

==> picture [96 x 53] intentionally omitted <==

==> picture [530 x 398] intentionally omitted <==

25 November 2015

==> picture [96 x 53] intentionally omitted <==

GDOT I-20 Field Trial – August 2015*

EdenCrete[TM] –% Improvements

==> picture [233 x 66] intentionally omitted <==

56 Day- Raw Data 56 Day –Normalized 4 Gallons 4 Gallons

Com ressive 45.8% p

32.8%

==> picture [242 x 65] intentionally omitted <==

Abrasion Resistance 56% 20 Minutes

*** GDOT Field trial – I-20- August 2015**

25 November 2015

GDOT I-20 Field Trial Compressive Strength

==> picture [96 x 53] intentionally omitted <==

==> picture [527 x 385] intentionally omitted <==

----- Start of picture text -----

G.D.O.T. I-20 Trial
Compressive Strength
(as reported by S&ME Inc.)
8000
EdenCrete w/ CaCl2
7500
7420
Control w/ CaCl2
7000
6615
6500
5940
6000
5500
5075 4945
5090
5000
4500 4715
4000
3850
3500
3235
3000 3325
2500
2000
1500
1000
500
0 0
0 24-Hour 3-Day 7-Day 28-Day 56-Day
Age
)
2
(lbs./in.
Compressive Strength
----- End of picture text -----

25 November 2015

GDOT I-20 Field Trial Abrasion Resistance

==> picture [96 x 53] intentionally omitted <==

==> picture [545 x 392] intentionally omitted <==

----- Start of picture text -----

Results
----- End of picture text -----

25 November 2015

GDOT Condition at Years of Service

==> picture [96 x 53] intentionally omitted <==

==> picture [563 x 348] intentionally omitted <==

----- Start of picture text -----

Condition at Years of Service
120
100
80
60
40
20
0
0 5 10 15 20
Years
REFERENCE CONCRETE EDENCRETE500
Pavement Condition Index
----- End of picture text -----

. Using EdenCrete the period between scheduled maintenance events will be doubled

25 November 2015

GDOT Cumulative Cost Comparison

==> picture [96 x 53] intentionally omitted <==

==> picture [438 x 319] intentionally omitted <==

----- Start of picture text -----

$
Cumulative Cost Comparison
45000
40000
35000
30000
25000
20000
15000
10000
5000
0
0 10 20 30 40
Years
REFERENCE CONCRETE EDENCRETE500
----- End of picture text -----

Using EdenCrete for 25 years, 60% more repairs can be achieved on the same budget. Based on GDOT actual costs for I-20 Field Trial

25 November 2015

EdenCrete- Cost Benefit Analysis

==> picture [96 x 53] intentionally omitted <==

Projected Extra Cost For GDOT (Based on total GDOT costs per yd[3] ) - ≈3%-20%*

Anticipated Increased Service Life - >100%

Anticipated IRR- < 50%

  • Application Rate will vary for different targeted applications

25 November 2015

US Marketing Plans

==> picture [96 x 53] intentionally omitted <==

Initial target markets

US Infrastructure / Pre-fabricated Concrete / Ready Mix Concrete

  • US Infrastructure - including interstate highways (73,000kms*) and bridges

  • Interstate Highways - $40bn est. annual repair bill

  • use≈380mt of concrete p.a.(40% of US concrete market)*

Georgia Infrastructure

  • Over 15,000 bridges- more than 4,000 identified as non-repairable

  • Estimated bridge replacement costs- over US$300m p.a. for 20 years

US Surface Transportation Act- Nov 2015 - secures funding for DOT for 6 years

  • (*derived from US Geological Survey Data -2005)

25 November 2015

US Marketing Progress- 2015

==> picture [96 x 53] intentionally omitted <==

US Infrastructure

Georgia – GDOT Field Trial completed – I-20 Interstate Highway

  • GDOT approval -“Allowed For Use” in 24-hour repair mix

  • Field Trial approved for Class A Mix- all other uses

  • Colorado- Preliminary interest from CDOT

Ready Mix Concrete

  • First commercial sales- US - Colorado

  • Trials (ongoing) in Australia / US by major concrete companies

Pre-fabricated Concrete

  • First commercial sales –US – floor tiles

25 November 2015

US Production Scale-Up

==> picture [96 x 53] intentionally omitted <==

  • Colorado -production expansion underway – - 250,000 gallons of

  • EdenCrete p.a. - approx 9 months

  • Georgia - Proposed production expansion -12.5m gallons of EdenCrete p.a. rising to 50m gallons p.a. - 18-42 months

  • Planning underway

  • Sufficient for ≈ 4% of annual US Interstate Highway requirements

  • Preliminary budget - <US$70 million

  • Possible future expansion- Georgia - < 250m gallons p.a.

25 November 2015

US Production Scale-Up

==> picture [96 x 53] intentionally omitted <==

Georgia Progress

  • State / County incentives being negotiated- potential >

  • US$20m in value

  • Suitable land under conditional contract/ Plant design

started

  • Preliminary finance discussions held

  • Marketing progress with various Georgia based companies

25 November 2015

OptiBlend[TM] Dual Fuel System

==> picture [96 x 53] intentionally omitted <==

  • Displaces up to 70% of diesel with natural gas in diesel engines

  • US market - shale gas exploration / back-up power

  • Indian market –gensets / locomotives / shale gas exploration

  • Significant cost savings

  • Payback period often less than 12 months for larger gensets

  • Total sales to date >140 units (≈US$4.5million)

  • Cummins Inc selected OptiBlend[TM] for its drilling rig power modules

  • Significant long term potential - several new projects under discussion

  • Some recent sales after 12 months slowdown

25 November 2015

==> picture [720 x 59] intentionally omitted <==

==> picture [257 x 124] intentionally omitted <==

ASX: EDE

Greg Solomon Executive Chairman Level 15, 197 St Georges Terrace, Perth, Western Australia, Telephone +618 9282 5889 Email [email protected] Website: www.edenenergy.com.au