annual general meeting presentation - asx.com.au · asx media release 27 september 2019 ‘sor’...
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ASXMediaRelease27September2019‘SOR’
AnnualGeneralMeetingPresentationWESTERNAUSTRALIA,Perth,Sept.27th,2019–StrategicElementsLtd(ASX:SOR)ispleasedtoattachthe2019AnnualGeneralMeetingpresentation.StrategicElementsLtdThe Australian Federal Government has registered Strategic Elements as a Pooled Development Fundwith amandate tobackAustralian innovation. Strategic Elementsoperatesas a ‘venturebuilder’where it generatesventuresandprojectsfromcombiningteamsofleadingscientistsorinnovatorsinthetechnologyorresourcessectors.DuetothePooledDevelopmentFundprogramthatStrategicElementsoperatesunder,mostshareholderspaynotaxoncapitalgainsordividends.TheCompanyislistedontheASXunderthecode“SOR”.MoreInformation:MrCharlesMurphy,ManagingDirectorPhone:+61892782788Email:[email protected]
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BackingAustralianSMEownedprojectsintechnologyandresources….
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➤ In2019SORannounced theobjectivetoentertheartificialintelligence, roboticsandcomputervisionsector.Wedidn'tusemillionsofdollarsofshareholders funds tostartthrough acquisitionofanexistingbusiness.Insteadwetookonthechallengetobuildoneourselvesfromtheground uptoaddrevenuesandIPintotheSORportfolio.
➤ BothneartermrevenueopportunitiesandvaluableIParebeinggenerated.Stealthisalreadyworking
withgloballyrecognisedpartnersandwearein
discussionswithmultiplepartiesonfurthersignificantopportunities.
§ Otherobjectiveswere“toidentifypotentialzonesofsulphides intheringfeatures”intheGibsonDesert.SORsuccessfullyidentifiedmultiple, largezonesthroughgeophysicalIPsurveysattheBehemothProject.It’saveryhigh riskveryhigh rewardproject,however$300,000incostsofaninnovativedrillprogramhavebeenoffset.
§ Otherobjectivesweretofurtherdevelop theNanocubeMemory Ink,conducttestinganddevelopademonstrator.Theprogramhasundergone researchanddevelopmentdelays,butwithUNSW,theCSIROandVTTFinlandassistanceprogressisagainbeingmade.
§ Allaboriginalaccessandheritageclearanceshavebeennegotiated,SORisatthefinalstepofcontractingarigto
drillforbase-precious-raremetals.
Introduction
➤ SORDirectorshavebackgrounds insoftwaredevelopment, dataandroboticsandhavesignificantexperiencewithresearchcommercialisation.Stealthwasfounded byfollowingourVentureBuildermodelandistheresultofanenormous amountofworkbytheStrategicElementsteam.
§ Atransparenttechnologydemonstratoriscurrentlybeingfabricated.
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The Company
➤ TheAustralianFederalGovernment hasregisteredStrategicElementsasaPooledDevelopmentFundwithamandatetobackAustralianSMEinnovation.
StrategicElementsoperatesasa‘venturebuilder’whereitgeneratesventuresandprojectsfromcombiningteamsofleadingscientistsorinnovatorsinthetechnologyor
resourcessectors.
➤ DuetothePooledDevelopmentFundprogramthatStrategicElementsoperatesunder, mostshareholderspaynotaxoncapitalgainsordividends.TheCompanyislistedontheASXunder thecode“SOR”.
➤ ThereissomuchtalentwithinAustralia’sgovernmentandresearchorganisations,howevermanydon’tfocustheirtalentsonarealcommercialproblem.
➤ ByfollowingaVentureBuildermodel,wecanpartnerthistalentwithacustomeroranend-userandtogetherworkonsolvingarealcommercialproblem.
Highrisk– highrewardresourcesandtechnologyinnovation
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Mostartificialintelligencecompaniesonlyfocusonsoftwaredevelopment.Ourpointofdifferenceisthe
deephardwareandsoftwarecapabilitiesto:
1. Physicallycustombuildautomatedrobotic
machines.
2. Integratecomputervisioncapabilitiesenablinga
computertosee(throughcamerasandsensors).
3. Createartificialintelligencethroughmachinelearningandsoftwaredevelopment.
➤ Usingamulti-disciplinaryapproachweareabletoconstructpurpose-builtsolutionsinartificialintelligence,machinelearning,bigdata,automation,androbotics togovernmentandbusinesses.
➤ TheStealthTechnologies teamhasanexperiencedin-house teamofinternationalaward-winningPhDandMastersqualified researchengineerswithdeepcapabilitiesinartificialintelligence,computervisionandrobotics(hardwareandsoftware).
➤ StealthTechnologies hasthecapabilitytocustombuildartificialintelligenceandrobotic systemsforitsownproprietary technologiesandincollaborationwithcommercial/governmentpartnersfortheirownspecificbusinesscases.
About the Company
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ArtificialIntelligenceSaaSsolutiontounlock thevaluelosttominingcompaniesthrough controlroomoperatorvariability.
Commencedaprogramthatidentifiespotentialgame-changing technologiesforAustralia’snationalsecurityanddefence.
AgreementwithgiantUScompanyHoneywelltobuildautonomousroboticvehiclesforsecurityapplications.
➤ Opportunity tofast-trackStealth’stechnologybyworkingwithdefenceindustryendusersandpotentialcustomers.
➤ Partnerhaslargeexistingcustomerse.g BHP,Barrick,Goldcorp.Recurringrevenuefeeopportunity fromSaaS.
Recent Agreements Signed in Start-up Phase
Mining
Defence
Security➤ Initialpaymentof$100k.
Potentialopportunity withHoneywellmanaging facilitiesallovertheworld inmultiplesectors.
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§ Appoint technicaladvisoryboardfromartificialintelligence,mining, defenceandsoftwaredevelopment sectors.
Next Steps in Venture Development
§ Appointbusinessdev skillstotheStealthteam.Hireexternaltalenttoworkwithin-houseexperts.
§ Sign largeminingcompanyend-usersforartificialintelligence infixed-plantprocessing inmining.
§ Formagreementswithleadingresearchinstitutesandexpertsacrossartificialintelligenceandroboticstechnologies.Focusonsolvingspecificcustomerproblems.
§ Sign furtheragreementstocreatepracticalAIandRoboticssolutions forthemining, infrastructure,defenceandmanufacturing sectors.
§ Deliverexperimentalautonomous securityvehicletoHoneywell requirements.
§ CompleteAustralianDefenceTechnology programandtailorStealthtechnology toaspecificAustralianDefencesectorproblem.
§ Assessacquisitionopportunities thatprovideportfolio synergiesandrecyclingofresources.
§ Initiatesolutionservicesforadvancedhardwareandsoftwareengineering.
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Behemoth Project: High risk- high reward greenfield exploration…
Must use geophysics to see under the cover..
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Behemoth
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Nickel, Copper, Gold, Rare Earths
1. Aboriginal LandAccess&MineralExplorationAgreementsigned.
2. CompletedgeophysicalIPsurveyatBehemothProjectidentifying threeverylargezonesofpotential sulphides.
3. Woncompetitivedrilling fundsof$150,000 fromWAgovernment forinnovativedrillingprogramreducednetcosttoSOR.
4. Successfullyconductedaboriginalheritagenegotiationsandclearancefordrilling.
5. Soldgoldprojectfor$150,000 further reducingnetcostofdrillprogramtoSOR.
6. Logistics,rigaccessanddrillprogramplanning completed.
7. ContractingofdrillrigoperatorandPOWexpectedshortly
8. Drillingwilltargettheanomalouschargeabilityzoneswithinthecentre ofthemulti-ringedmagneticfeature.
➤ Behemoth isalargemulti-ringedmagneticgeologicalfeatureburied intheGibsonDesert.Expertsaredividedonwhethertheringfeatureiscausedbytheimpactofameteoritefromabove,anintrusion ofmagmafrombelowand/orassociatedmineralsystem.
➤ TheBehemothprojectwasVentureGeneratedincollaborationwithDr FrancoPirajnowhoisarecognised globalexpertonmineralsystems,withmorethan45yearsofexperience,inindustry,academiaandgovernment.
SignificantProgresssetsupdrillprogram
➤ Irrespectiveofthemodel, thechargeablematerialdetectedbyarecentIPgeophysicalsurveyburiedwithintheringfeatureindicateslargepotentialzonesofdisseminatedsulphides withpotentialforbase,preciousand/or raremetalmineralization.
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Behemoth
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Zone B3
1. Threelarge(e.g.2km,1.4km,3km)anomalous IPchargeabilityzoneswerediscovered.
2. Anomalous zonesalsoreflect800m+widthpotential(>400m+eachsideoftheIPline).
3. Modelleddepthsof300-400mtotopofanomalismwellwithinmodern drillingcapabilities.
4. Chargeablematerialinanomalouszonesmodelleduptohighlevelsof40mV/V.
5. Anomalous zonesmodelled toapprox.500mindepth (limitofdata)andareopen.
6. Denserpartsofagravityanomalymodelled tocontinue toatleast1kmindepth(andopen).
InterpretationoftheIPsurveyresultsidentified threeverylarge,multi-kilometre sizedchargeablezones,whichindicatethepotential foraccumulationsofdisseminatedsulphidesandhence,areprospectiveforbasemetals,preciousmetalsandraremetalmineralisation.
Nickel, Copper, Gold, Rare Earths
Drillingwilltargetgeophysicalanomalies
AsannouncedonJuly1,2019
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About the Nanocube Memory Ink➤ TheNanocubeMemory Inkisarevolutionary
nanotechnologymaterialunderdevelopment tobeprintedorcoatedontonon-silicon transparentorflexiblesurfaces(e.g.glass,plastic)tostore/retrievedata.
© OE-A – A working group within VDMA
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2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
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Development of Overall Printed Electronics Market
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Increase from2016-2017: 8 %2017-2018: 10 %
2018: 34.8 Bn US$, predominant by OLED displays, conductive inks, 2027: 73.43 Bn. US$
Strong growth potential for stretchable electronics, logic and memory, thin film sensors
| LOPEC 2018 Main Press Conference
Sources: Allied Market Research, Displaybank,IDTechEx, Konica Minolta, Markets and Markets,
Smithers Pira, Transparency Market Research
© OE-A 2018
Page 8 | 14/03/2018
➤ PrintedElectronicsisamassiveemergingsectorcurrentlymoving from innovation toproducts (USD73Billion).
➤ Memory isoneofthemostimportantcomponents inmodernelectronics.ItisattheheartofelectronicsandOneofthecorecomponents thatenabledatatobestoredondevicesratherthanincloud.
➤ Prototypesdemonstratestrongpotentialforincreasedprintedmemorycapacityonflexibleand/ortransparentsurfaces.
© OE-A – A working group within VDMA
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2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Mar
ket V
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Development of Overall Printed Electronics Market
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rce:
OE
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Increase from2016-2017: 8 %2017-2018: 10 %
2018: 34.8 Bn US$, predominant by OLED displays, conductive inks, 2027: 73.43 Bn. US$
Strong growth potential for stretchable electronics, logic and memory, thin film sensors
| LOPEC 2018 Main Press Conference
Sources: Allied Market Research, Displaybank,IDTechEx, Konica Minolta, Markets and Markets,
Smithers Pira, Transparency Market Research
© OE-A 2018
Page 8 | 14/03/2018
➤ Printabletransparentmemory,withincreasedmemoryandflexibilitypotentialnotavailableinmarkettoday.
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World Class Nanocube Memory TeamImproveinkfortransparentandflexiblesubstrates.
Trialedadvanceddeviceconfigurations andperformancetestingonglasssurfaces.
Fabricationandtestingwithworld’smostadvancedprintedelectronicsfacility.
#1UniversityinAustraliaformaterialscienceand#37intheWorld.
Globalleaderinprintedelectronicswith100scientists.Partnerswithworld’sbiggestcompanies.
Australia’spremierresearchorganisation.NanomaterialsanddevicesteaminMelbourne.
Smallclusterofselectstart-upsandbilliondollarcompanies.
Accesstonewbusinessdevelopmentandpilotmanufacturing resources.
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Transparent Printable Memory Demonstrator
➤ BeingfabricatedwithUNSWandVTTFinland tohighlight theunique transparentbenefitsoftheNanocubePrintableMemory Ink.
➤ TransparentdisplayandtouchsensorcomponentwiththetransparentNanocubeMemory Inkandcustomapplicationlogicdevelopedbytheteam.
➤ Isafullyprintedstoragetechnology fortransparentsurfaces.Physicallydeployedonglassandnothostedbyasiliconstoragetechnology
➤ TheinitialversionshowcasesthetransparentnatureoftheNanocubeMemoryandtheabilitytoprintfunctionalmemoryontoglass.
➤ Futureversionswithdifferent functions tosecurity.Couldstorearangeofinformationorimagesdirectlyonglass.Couldbecombinedwithsensorsandothercomputervision technologies.
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CurrentworkontheGoldenBlocksgoldfieldinNZconsistsofnegotiationswithregulatoryandotherpartiesforaccessintotheareatocontinuethehighlysuccessfulexplorationprogramsrunbytheCompany.
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GOLDENBLOCKS
APPLYING TECHNOLOGY TO A 100 YR OLD HIGH GRADE GOLDFIELD
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▶ SignlargeminingcompanyforrevenuegeneratingworkonminingArtificialIntelligenceSaaSsolution.
▶ DrillmultipledeepholesattheBehemothProjectforcopper,gold,rareearths.
▶ DeliveraTransparentMemoryInkDemonstrator.
▶ EnterfurtherAIandroboticsagreementformining,defence,infrastructureormanufacturing.
Objectives for Q4 2019
▶ Commencegeophysicsatnewproject– ‘Leviathancopper-gold-rareearths’
▶ CompleteprogramwithDepartmentofDefencetotailortechnologyofferingfordefenceindustrycustomers.
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Just look at the potential….!F
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