68833563-2368-43b4-8176-fb14d65072ca.pdf
ACN 009 253 187
AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT
18 JULY 2016
EDENCRETETM UPDATE - MARTA PROJECT TEST RESULTS
Please see attached ASX Announcement by Eden Energy Ltd (ASX: EDE) for further details.
Background
Tasman through its wholly owned subsidiary, Noble Energy Pty Ltd, holds 493,198,298 fully paid shares in Eden (representing 42.33% of the total issued capital of Eden) and 101,356,779 EDEO options representing 46.06% of the issued EDEO options. This equates to 1.3 EDE shares and
-
EDEO options held for every Tasman share issued.
Based on the last traded prices on the ASX of EDE ($0.25) and EDEO ($0.22) on 15/7/16, this investment had a market value of $145 million, which is equivalent to 38.3 cents for every currently issued TAS share.
Greg Solomon Executive Chairman
Level 15, 197 St George's Terrace, Perth, Western Australia 6000 Telephone: (08) 9282 5889 Facsimile: (08) 9282 5866
Email: [email protected]
ACN 109 200 900
AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT 18 July 2016
EDENCRETETM - US UPDATE
MARTA Brady Mobility Facility Project Test Results
HIGHLIGHTS
Test results from two separate independent laboratories of the concrete used in the MARTA Brady Mobility Facility Trial in May 2016 showed EdenCreteTM produced the following improvements:
First Laboratory:
-
Compressive Strength Increase - 25% Second Laboratory:
-
Shrinkage Reduction (Improvement) - 9%
The EdenCreteTM dosage rate: 3 gallons/ yard3 of concrete (11.356 litres/ 0.76 metres3).
All tests were conducted after concrete had cured for 28 days.
Level 15, 197 St Georges Terrace, Perth, Western Australia 6000 Telephone: (08) 9282 5889 Facsimile: (08) 9282 5866
Email: [email protected]
DETAILS
Eden Energy ("Eden") (ASX: EDE) is pleased to announce that it has now received the test results from two independent laboratories of its first commercial government infrastructure project.
These tests, taken after the concrete test cylinders had cured for 28 days, produced further very encouraging results.
The project was undertaken in May 2016 (see Eden announcement ASX: EDE 16 May 2016) at the Metropolitan Atlanta Rapid Transit Authority (MARTA) Brady Mobility Facility in Atlanta, Georgia (see Figures 1 and 2 below).
A section of a new concrete hardstand area was installed using EdenCreteTM enriched concrete at a new state-of-the-art bus garage that is being constructed to replace the existing garage at the MARTA Brady Mobility facility in Atlanta, Georgia.
The dosage rate used for the trial of 3 gallons of EdenCreteTM per cubic yard of concrete, was lower than the 4 gallons per cubic yard that had originally been planned, due to the increased volume of concrete that was finally required.
However, based on other trials, the EdenCreteTM had still been assumed would at least double the service life of the concrete by enhancing the concrete's performance characteristics.
The results produced from these tests are considered to support this assumption.
Figure 1. Brady Mobility Facility with EdenCreteTM slab site being prepared (shown in upper left)
Figure 2. EdenCreteTM enriched slab being installed
As previously announced, two independent test laboratories in Georgia each took test samples of both the standard concrete and the EdenCreteTM enriched concrete. The results reported from each of the two laboratories are shown in Figures 3 and 4 below.
ATC Laboratory Results
Identification
|
Pour Date
|
Test Age (Days)
|
Compressive Strength
(lbs./in.2)
|
% Improvement by
|
Sample 1
|
Sample 2
|
Sample 3
|
Average
|
EdenCrete Truck 1
|
5/12/2016
|
28
|
9510
|
9610
|
9360
|
9493
|
EdenCrete Truck 2
|
5/12/2016
|
28
|
8210
|
8480
|
8370
|
8353
|
EdenCrete Truck 1
|
EdenCrete Truck 2
|
MARTA Reference Truck 1
|
5/14/2016
|
28
|
8010
|
7850
|
7890
|
7917
|
20%
|
6%
|
MARTA Reference Truck 2
|
5/14/2016
|
28
|
6480
|
6670
|
6290
|
6480
|
47%
|
29%
|
MARTA Reference Truck 3
|
5/14/2016
|
28
|
7020
|
6670
|
6750
|
6813
|
39%
|
23%
|
MARTA Reference Truck 4
|
5/14/2016
|
28
|
6890
|
6790
|
6940
|
6873
|
38%
|
22%
|
MARTA Reference Truck 5
|
5/14/2016
|
28
|
7630
|
7730
|
7510
|
7623
|
25%
|
10%
|
|
Avg. of ALL Marta Reference Trucks
|
7141
|
|
Avg. of ALL EdenCrete Trucks
|
8923
|
|
25% overall
improvement
|
Figure 3 ATC Laboratory Test Results -MARTA Brady Mobility