Greenpower Energy Limited. Latrobe Valley Twilight Briefing Melbourne

Transcription

1 Greenpower Energy Limited. Latrobe Valley Twilight Briefing Melbourne John Watts 9 th October 2012

2 Disclaimer This presentation has been prepared as a summary only, and does not contain all information about the Company s assets and liabilities, financial position and performance, profits and losses, prospects and the rights and liabilities attached to the Company s securities. This presentation should be read in conjunction with any public announcements and reports (including financial reports and disclosure documents) released by Greenpower Energy Limited. The securities issued by the Company are considered speculative and there is no guarantee that they will make a return on the capital invested, that dividends will be paid on the shares or that there will be an increase in the value of the shares in the future Further details on risk factors with the Company s operations and its securities are contained in announcements to the Australian Securities Exchange. Some of the statements contained in this presentation are forward-looking statements. Forward-looking statements include but are not limited to, statements concerning estimates of electricity prices, expected production targets, expected production costs, expected capital expenditure statements relating to the continued of the Company s project and other statements which are not historical facts. When used in this presentation, and in other published information of the Company, the words such as aim could, estimate, intend, may, potential, should, and similar expressions are forward-looking statements. Although the Company believes that its expectations reflected in the forward-looking statements are reasonable, such statements involve risk and uncertainties and no assurances can be given that actual results will be consistent with these forward-looking statements. Various factors could cause actual results to differ from these forward-looking statements included the potential that the Company s projects may experience technical, geological and mechanical problems, changes in product prices and other risks not anticipated by the Company or disclosed in the Company s published material. The Company does not purport to give financial or investment advice. No account has been taken on the objectives, financial and taxation position.

3 Greenpower Energy Limited at a glance HEAD OFFICE: Level 1, 46 Ord Street, West Perth WA6005 Western Australia Enquiries: admin@greenpowerenergy.com.au Web: DIRECTORS Alan Flavelle. Mob: Gerard King. Mob: Ron McCullough. Mob: Takanao Matsui KEY PERSONNEL John Watts CEO. Mob: Matthew Suttling Company Secretary. Mob: ASX Code: GPP QUOTED SHARES ON ISSUE 72.9 million Share Price: $0.06 COB Friday 5 th October 2012 Market Cap: $4.374 million MAJOR SHAREHOLDERS Lodestar Investments 29.65% Astron 13.04% Narlack 7.52% Alan John Flavelle 4.2%

4 Greenpower Energy Limited Projects Portfolio WESTERN AUSTRALIA Oil and Gas: EP447 Walyering Geothermal: GEP37 GEP38 Esperance Project SOUTH AUSTRALIA Hydrocarbons: VICTORIA Lignite: DCTL: PEL145 Willochra PELA146 Chimney Springs EL4500, EL4877, EL5227, Latrobe Valley Latrobe Valley

5 Greenpower Energy Limited: Projects Location Map

6 Latrobe Valley Facts 66mtpa Brown Coal Production from the Latrobe Valley (2009) 172,874mt Gippsland Basin Brown Coal Resource in six sub basins 500 years Brown coal resources available in the Latrobe Valley at current consumption rates 6,381MWe Electrical power production from four main generators Loy Yang A, Loy Yang B, Yallourn W and Hazelwood (2009) Future brown coal usage proposals Improved burning, Brown Coal Upgrading, Coal Gasification, Coal to Liquids, Fertiliser Production

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8 Greenpower s Latrobe Valley Inferred JORC Lignite Resources EL4500: 306Mt Inferred JORC Resource EL5227: 136Mt Inferred JORC Resource EL4877: 125Mt Inferred JORC Resource Total : 567Mt Inferred JORC Resource

9 Direct Coal to Liquid (DCTL) - Introduction Technology Indirect Conversion - Fischer Tropsch Process: Developed in Europe at the end of World War I Coal gasification with downstream liquefaction Suited to high ash feedstock Generates significant quantities of CO 2 Range of products Direct Conversion - Bergius Process: Developed in Europe at the end of World War I Oil, H 2 and a catalyst feedstock Reaction occurs at 400 O C to 500 O C, 20 to 70 Mpa Works well with low ash feedstock Lower CO 2 generation than F-T process Process variations based on solvents Pyrolysis and Carbonisation Conversion: Works at 360 O C to 1,380 O C temperatures, low pressures Produces coal tar rich in hydrocarbons, synthetic gas, char and water Coal tar requires downstream hydrogenation for oil conversion Generates significant quantities of CO 2

10 Why locate a DCTL operation in the Latrobe Valley? Readily available abundant, cheap feedstock Lignite extremely low ash content Gippsland Basin gas Electrical power generation Infrastructure Network Electrical power distribution Gas pipelines Oil pipelines Roads Rail link Population centres

11 Greenpower s Licensed DCTL Process (The GE Process) Pyrolitic /Carbonisation continuous process Microwave heating process, rapid reaction time Low CO 2 generation process Natural gas consumption Zero water consumption - water producing Char production - marketable by-product Comparatively low Capex through rapid throughput

12 Greenpower s GE Process Development Timetable 1. Licensing agreement signed 2. GE Process due diligence Trial Latrobe Valley lignite samples for testing in US Bench test/pilot Plant site negotiations commenced Benching testing of Latrobe Valley lignite in Gippsland Oil and Char products evaluation trials Construction of Pilot Plant Feedstock supply negotiations, site selection for full scale plant Construction, operation of full scale plant

13 THANK YOU