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EDEN INNOVATIONS LTD — AGM Information 2015
Nov 24, 2015
64820_rns_2015-11-24_b7e7beac-cce6-4441-a40a-2739262b63ce.pdf
AGM Information
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Annual General Meeting 25 November 2015 Greg Solomon Chairman
Corporate Details*
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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
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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%
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*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
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Tensile strength - 200-300x steel
- Weight -Approx. 17% of weight of steel
Highly conductive of heat and electricity
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Produces more durable concrete
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Potential uses in Plastics and Conductive Coatings
TEM image of Eden’s MWCNT
25 November 2015
Eden’s US CNT/CNF Production
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Eden’s Pilot Commercial Scale Reactors, Colorado
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Colorado- currently being scaled up to ≈ 20 tonnes p.a.
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Efficient catalyst production capacity has been expanded
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High quality/low cost CNT/CNF
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Plans underway for major scale-up in Georgia to 250 tonnes p.a. and expanding to 1,000 tonnes p.a.
25 November 2015
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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
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US and Australian Concrete Trials • Results from US and Australian Trials include: Compressive strength - < 46% increase Tensile strength - < 48% increase Permeability - < 55% reduction (improvement) Abrasion rate - < 60% reduction (improvement)
25 November 2015
CNT in Concrete- Applications
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• Global Applications
Increased Abrasion Resistance
o road and bridge surfaces, pavements, floors
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Lower Permeability
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roads, bridges, runways (subject to “freeze thaw”/salt conditions)
o coastal and marine applications
o dams, spillways, sewer /water pipelines
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Increased Compressive and Tensile Strength
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high rise buildings, bridges , retaining walls, pre-fabricated concrete applications
25 November 2015
First US Commercial Projects -2015
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25 November 2015
First US Commercial Projects- 2015
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25 November 2015
First US Commercial Projects- 2015
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25 November 2015
First US Commercial Projects- 2015
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25 November 2015
First US Commercial Projects- 2015
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25 November 2015
First US Commercial Projects- 2015
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25 November 2015
EdenCrete - % Improvements*
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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
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Abrasion Resistance Results -2015
25 November 2015
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Abrasion Resistance Results- 2015
25 November 2015
GDOT I-20 Field trial – August 2015
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25 November 2015
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GDOT I-20 Field Trial – August 2015*
EdenCrete[TM] –% Improvements
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56 Day- Raw Data 56 Day –Normalized 4 Gallons 4 Gallons
Com ressive 45.8% p
32.8%
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Abrasion Resistance 56% 20 Minutes
*** GDOT Field trial – I-20- August 2015**
25 November 2015
GDOT I-20 Field Trial Compressive Strength
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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
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25 November 2015
GDOT I-20 Field Trial Abrasion Resistance
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Results
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25 November 2015
GDOT Condition at Years of Service
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Condition at Years of Service
120
100
80
60
40
20
0
0 5 10 15 20
Years
REFERENCE CONCRETE EDENCRETE500
Pavement Condition Index
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. Using EdenCrete the period between scheduled maintenance events will be doubled
25 November 2015
GDOT Cumulative Cost Comparison
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$
Cumulative Cost Comparison
45000
40000
35000
30000
25000
20000
15000
10000
5000
0
0 10 20 30 40
Years
REFERENCE CONCRETE EDENCRETE500
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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
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• 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
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Initial target markets
US Infrastructure / Pre-fabricated Concrete / Ready Mix Concrete
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US Infrastructure - including interstate highways (73,000kms*) and bridges
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Interstate Highways - $40bn est. annual repair bill
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use≈380mt of concrete p.a.(40% of US concrete market)*
Georgia Infrastructure
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Over 15,000 bridges- more than 4,000 identified as non-repairable
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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
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US Infrastructure
Georgia – GDOT Field Trial completed – I-20 Interstate Highway
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GDOT approval -“Allowed For Use” in 24-hour repair mix
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Field Trial approved for Class A Mix- all other uses
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Colorado- Preliminary interest from CDOT
Ready Mix Concrete
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First commercial sales- US - Colorado
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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
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Colorado -production expansion underway – - 250,000 gallons of
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EdenCrete p.a. - approx 9 months
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Georgia - Proposed production expansion -12.5m gallons of EdenCrete p.a. rising to 50m gallons p.a. - 18-42 months
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Planning underway
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Sufficient for ≈ 4% of annual US Interstate Highway requirements
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Preliminary budget - <US$70 million
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Possible future expansion- Georgia - < 250m gallons p.a.
25 November 2015
US Production Scale-Up
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• Georgia Progress
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State / County incentives being negotiated- potential >
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US$20m in value
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Suitable land under conditional contract/ Plant design
started
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Preliminary finance discussions held
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Marketing progress with various Georgia based companies
25 November 2015
OptiBlend[TM] Dual Fuel System
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Displaces up to 70% of diesel with natural gas in diesel engines
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US market - shale gas exploration / back-up power
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Indian market –gensets / locomotives / shale gas exploration
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Significant cost savings
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Payback period often less than 12 months for larger gensets
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Total sales to date >140 units (≈US$4.5million)
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Cummins Inc selected OptiBlend[TM] for its drilling rig power modules
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Significant long term potential - several new projects under discussion
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Some recent sales after 12 months slowdown
25 November 2015
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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