Whitehaven Coal Limited · ASX:WHC
Whitehaven Coal — Coalworks — Shareholder Meeting (November 2009)
21 slides from Whitehaven Coal's shareholder meeting presentation, Nov 19, 2009
Slide 1: Coalworks Annual General Meeting
COALWORKS CEO & Managing Director Andrew Firek Annual General Meeting 19 November 2009
Slide 2: Disclaimer
DISCLAIMER The information in this presentation does not purport to contain all the information that may be required to evaluate the prospects of Coalworks and in particular only discloses material information within the knowledge of Coalworks. You should seek independent professional advice in rela
Slide 3: Coalworks 2008 – 2009 Overview
COALWORKS 2008 – 2009 OVERVIEW 2008 Focused on 2 coal projects & an industrial minerals project 2009 1. Applied for & won Vickery South EL, Gunnedah Basin 2. Commenced BFS at Oaklands , CWK flagship project 3. Hodgson Vale & Ashford Lime continue as development projects COALWORKS3Limited
Slide 4: CWK Portfolio of Projects
CWK PORTFOLIO OF PROJECTS Vickery Sth Hodgson Ashford Oaklands Vale Lime 3 parallel Drilling Prospective Drilling results program strategies: for semi-soft compiled completed coking & 1. Export coal 2 zones thermal coal GCC 2. CTL Plant targeted for Products 3. Power future drilling identified Stati
Slide 5: Oaklands Flyover
OAKLANDS FLYOVER 5 COALWORKS Limited
Slide 6: Oaklands 2009 Measured Drilling Program
OAKLANDS 2009 MEASURED DRILLING PROGRAM 6 COALWORKS Limited
Slide 7: Oaklands Coal Resource
OAKLANDS COAL RESOURCE Oaklands’ resource has almost TRIPLED since June 2008 Present Oaklands Resource Measured: 121Mt Indicated: 572 Mt Inferred: 129 Mt Total Resource: 822 Mt • Measured resource drilling program completed in Northern portion • Southern Measured resource pending • Large open pit mi
Slide 8: Measured, Indicated & Inferred Resources
MEASURED, INDICATED & INFERRED RESOURCES Resource Seam Mass Average Raw Fixed Total Volatile Gross Total Thickness status (Tonnes) (m) Ash 2 Carbon2 Sulphur2 Matter 2 Calorific Value2 Moisture3 (Kcal/kg) (%) (%) (%) (%) (% ar) Lanes Measured Shaft 121 Mt 16.7 14.2 44.9 0.27 24.4 4900 26.2 Lanes Indi
Slide 9: Oaklands Mine
OAKLANDS MINE • Bankable Feasibility Study (BFS) underway • Preliminary mine plans for the north and south developed • Landowner Relations – Strategic partnerships formed with key landowners • Community Relations – Regular updates distributed to local residents by Urana Shire Council • Locally-based
Slide 10: Oaklands Transport Options
OAKLANDS TRANSPORT OPTIONS • Rail study completed – Geelong least cost rail option – Oaklands via Benalla to Geelong upgrade – Discussions with Victorian Government on rail port upgrade underway – Victorian Government spending $17M on upgrade – PKCT provides alternative rail option – Discussions con
Slide 11: Oaklands Coal Transport Plans
OAKLANDS COAL TRANSPORT PLANS COALWORKS Limited
Slide 12: Coal Sample Processing
COAL SAMPLE PROCESSING Briquette testing Oaklands black, thermal, low‐sulphur, sub bituminous coal Oaklands feed coal 21% moisture Oakland briquettes 5% moisture Photo of initial testing taken at the White Energy Company Ltd, Cessnock 12 COALWORKS Limited
Slide 13: Clean Coal Processing
CLEAN COAL PROCESSING • Udhe Shedden •World experts in coal processing •Access to world’s best gasification & CTL technology • Clean coal starts with gasification as it allows capture of CO2 • Gasification is a proven technology with a number of plants operating successfully • Oaklands coal is ideal
Slide 14: Mine Mouth CTL Plant & Power Station
MINE MOUTH CTL PLANT & POWER STATION • Oaklands’ black thermal coal ideal for gasification • Coal to liquids (CTL) plant & power station could be constructed at the mine mouth • Discussions underway with potential offtake partners & financiers COALWORKS Limited
Slide 15: Oaklands Development Timetable
OAKLANDS DEVELOPMENT TIMETABLE ACTIVITY 2007 2008 2009 2010 2011 2012 2013 2014 Oaklands El Granted Initial drilling & JORC Inferred Resource Indicated Resource Measured Resource Scoping / prefeasibility study Sample testing EA base data Mine Plan Environmental assessment Final feasibility (Bankable
Slide 16: Vickery South Coal Project
VICKERY SOUTH COAL PROJECT • Vickery South EL in coal-rich Gunnedah Basin, NSW • Proximity to an operating mine • Railway to Newcastle • Thermal and coking coal resource target: 50 - 70 Mt • Production target 2Mtpa - 4Mtpa • Potential for open pit & underground mining COALWORKS Limited
Slide 17: Vickery South Key Points
VICKERY SOUTH KEY POINTS Conceptual Project Parameters Production 2‐4 Mtpa Project Life 14 Years Mining Method Open Pit, Highwall & Longwall Coal Washing CHPP max 500 tph throughput for 2 Mtpa raising to 1500 tph Employment Peak construction workforce of up to 200 employees and an operation workforc
Slide 18: Vickery South Key Points
VICKERY SOUTH KEY POINTS Conceptual Project Parameters Mine Construction Haul road (pit) or rail loop, road, coal stockpiling, reclaim and train loading infrastructure, CHPP Hours of Operation 24 hours per day, 7 days per week Product Coal Transport Conveyor to rail Mine Access Portal to decline (un
Slide 19: Hodgson Vale Drilling
HODGSON VALE DRILLING Resource targets reviewed 2 main zones targeted for future drilling Licence renewed 19 COALWORKS Limited
Slide 20: Ashford Lime
ASHFORD LIME Drilling program completed Grades indicate suitability for selected Ground Calcium Carbonate (GCC) products GCC off-take agreements targeted 20 COALWORKS Limited
Slide 21: Summary
SUMMARY • COALWORKS POSITIONED FOR GROWTH Strong Management team – new appointments Geoff Kidd, Chris Burgess, Matt Morgan • FOCUSED ON: – completing Oaklands BFS – moving into production at Oaklands and Vickery – generating revenue •STRATEGIC RELATIONSHIP DEVELOPMENT – Off-take agreements – Joint V