Janus Electric Holdings Limited · ASX:JNS
Janus Electric — Geodynamics — Shareholder Meeting (December 2014)
25 slides from Janus Electric's shareholder meeting presentation, Dec 8, 2014
Slide 1: 2014 Annual General Meeting Shareholder Presentation
2014 Annual General Meeting Shareholder Presentation 8 December 2014 5
Slide 2: Important Information
Important Information Disclaimer Any forward looking information in this presentation has been prepared on the basis of a number of assumptions which may prove to be incorrect and these statements speak only as of the date of this presentation. This presentation should not be relied upon as a recomm
Slide 3: Agenda
2014 Annual General Meeting Agenda Shareholder Presentation: • 2014 Highlights • Project Updates • Strategic Review • 2015 Outlook 7
Slide 4: 2014 Highlights
2014 Highlights Completion of the Habanero Pilot Plant Trial and securing of key milestones in the Pacific while maintaining a strong balance sheet mark the highlights for 2014. Cooper Basin • successfully completed 160-day, 1 MWe Habanero Pilot Plant trial • completion of Field Development Plan and
Slide 5: Strong balance sheet
Strong balance sheet GDY is in a strong financial position following completing the Habanero Pilot Plant trial and acquisition of new projects; internal cost control program has reduced overheads & holding costs. • cash-in-bank $30.6 m at 30 September 2014 • low cost base • $27.15 million of undrawn
Slide 6: Habanero 1MWe Pilot Trial
Habanero 1MWe Pilot Trial A rigorous testing program during the trial period reported excellent results, exceeding modelled expected values with best recorded closed loop and open flow test results at Habanero. Habanero 4 recorded results: • highest open flow results achieved; stabilised flow rate o
Slide 7: Habanero – Demonstration Event
Habanero – Demonstration Event Geodynamics was proud to host distinguished guests representing industry and government to tour the Habanero Pilot Plant. Key stakeholders including the Hon. Gary Gray AO, MP, Federal Minister for Resources, Tourism and Energy, former minister the Hon. Martin Ferguson
Slide 8: Habanero – Field Development Plan
Habanero – Field Development Plan The FDP has identified several possible pathways to develop Habanero; the strongest of these proposes supply of process heat to emergent shale gas producers within the Cooper Basin. • first of its kind integrated whole life study of an EGS reservoir • studied feasib
Slide 9: Cooper Basin – Next Steps
Cooper Basin – Next Steps The signing of an Exclusivity Agreement with Beach and the Variation to the ARENA Grant were key achievements in 2014; next stage is to secure a farm-in agreement with Beach Energy. Beach Energy Agreement - grants Beach exclusive right to negotiate farm-in to Geodynamics Co
Slide 10: Savo Island Geothermal Power Project – Highlights
Savo Island Geothermal Power Project – Highlights Positive engagement with Solomon Islands Government and Electricity Authority shows ongoing interest in geothermal power with potential to support an initial 10 MWe project. • environmental and Social Impact Study completed Exploration: Initially 1 -
Slide 11: Savo – Environmental & Social Impact Assessment
Savo – Environmental & Social Impact Assessment The ESIA confirms project will bring significant benefits to Solomon Islands and can be developed with low impact and risk to community and environment. Key Findings: - positively impact the Solomon Islands, by replacing imported diesel fuel with a sus
Slide 12: Savo – Lookahead
Savo – Lookahead Focus remains on securing necessary offtake agreements and sovereign guarantees necessary to underpin investment in exploration drilling. Key requirements: - finalisation of the commercial proposal process for large scale renewable energy by SI Government - SIEA agreeing Power Purch
Slide 13: Takara Geothermal Power Project
Takara Geothermal Power Project Will deliver lower end user prices, improved reliability, displacement of diesel consumption and reduced CO2 emissions for customers in Port Vila, Vanuatu. Key Achievements: Exploration: Initially 1 – 2 slim holes using BOP multi-purpose rig - Takara Geothermal Projec
Slide 14: Takara – Environmental & Social Impact Assessment
Takara – Environmental & Social Impact Assessment ESIA confirms Project can be developed safely with low impact on the environment through application of high HSE standards and good industry practice. Key Findings: - economic benefit through increased access to cheaper electricity for domestic and b
Slide 15: Takara – Lookahead
Takara – Lookahead Geodynamics is seeking to develop an innovative Public Private Partnership structure to maximise benefits for Vanuatu while achieving return on investment for shareholders. • seeking option for PPP with Govt of Vanuatu, Multi-lateral Development Agencies, and donors organisations
Slide 16: Strategic Review
Strategic Review A disciplined annual strategic review has been a key focus of the Board since 2011. - identified energy sector is experiencing a period of unprecedented change - significant regulatory and financial un-certainty 2011 - implemented gated milestone program for Habanero - renewed partn
Slide 17: Strategic Review - 2014
Strategic Review - 2014 2014 strategic review confirmed the key trends identified in 2013; acceleration of impacts of solar PV, reduced electricity demand and emergence of new energy business models. • geothermal portfolio can be progressed to key pre-drilling milestones at low cost • overall return
Slide 18: Environmental performance – a key global productivity issue
Environmental performance – a key global productivity issue Substantial, sustained and increasing focus on environmental issues on a global scale – EU, USA and China all taking material steps to improve environmental performance as part of a sustained productivity agenda. 22
Slide 19: Energy markets – global mega-trends
Energy markets – global mega-trends An energy revolution is fundamentally changing the way we produce, distribute, use, value and share energy; this is impacting every aspect of the industrial supply chain. • rise of the global middle class; increasing environmental standards and concerns regarding
Slide 20: Disruptive potential
Opportunity Size The Energy revolution is transforming multi-billion dollar markets. • global clean technology market is worth Battery >US$2.7 trillion a year Storage Micro Global • grown at ~12% pa since 2007 Grid $400B by Global 2020 • expected to double by ~2025 regardless of $40 B ongoing global
Slide 21: Strong Capability
Strong Capability Geodynamics has strong capabilities in technology development, project development, project management and commercial management applicable to a range of clean energy, technology and associated utility and infrastructure sectors. Our core capabilities include: - project development
Slide 22: Clean energy and services - growth and expansion opportunity
Clean energy and services - growth and expansion opportunity Geodynamics is actively seeking opportunities through a rigorous and deliberate review of emerging opportunities in the clean energy and technology sectors. • Geothermal • Hydro Clean Energy Supply • Wind • Solar PV • Micro Grids • Solar P
Slide 23: 2015 - Outlook
2015 - Outlook Geodynamics is well positioned to identify assess and progress corporate or project opportunities created by the unfolding energy transformation, while consolidating value in our geothermal assets. • strong team and balance sheet • clear plan for geothermal portfolio - low future comm
Slide 24: Questions?
Questions? 28 7) GEODYNAMICS
Slide 25: Thank you.
Thank you. We invite you to join our Directors, Management and Staff for light refreshments. 29