{
  "docId": "019de073-b590-7474-b61a-bf0192434ec8",
  "docSlug": "3804a6c5af2cad81f263d21acb752b69",
  "documentTitle": "Evercore | Investment Banking Pitch Book | 61 slides",
  "authorId": "evercore",
  "authorName": "Evercore",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2022-10-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 48,
  "pageCount": 61,
  "prevPage": 47,
  "nextPage": 49,
  "slideType": "sensitivity_analysis",
  "function": "quantify_impact",
  "density": "dense",
  "nDataPoints": 100,
  "notes": "Includes a detailed cash flow table and two sensitivity matrices.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de073-b590-7474-b61a-bf0192434ec8/48",
  "deckHref": "/decks/019de073-b590-7474-b61a-bf0192434ec8",
  "deckJsonHref": "/decks/019de073-b590-7474-b61a-bf0192434ec8.json",
  "deckAnchorHref": "/decks/019de073-b590-7474-b61a-bf0192434ec8#slide-48",
  "components": [
    {
      "bbox": {
        "h": 0.15,
        "w": 0.7,
        "x": 0.05,
        "y": 0.18
      },
      "kind": "list",
      "text": "Evercore analyzed the illustrative returns of the Unit 8 Expansion; Assumptions are consistent with the Sensitivity Case #2; Unit 8 growth capital expenditures ranging from $504.2 million to $835.0 million; 1.0 million metric tons of new soda ash production capacity coming online January 1, 2025; Terminal Value assumes a 6.75x EBITDA multiple",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0739ce41-48e0-49bb-9951-e5f289c8fbe5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.05,
        "x": 0.43,
        "y": 0.665
      },
      "kind": "metric",
      "text": "14.2%",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b3808e3b-846f-4857-a71e-79139067ac13",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.9,
        "x": 0.05,
        "y": 0.35
      },
      "kind": "table",
      "text": "Unit 8 Expansion Internal Rate of Return table showing cash flows from 2023E to 2028E and exit multiple",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "37926753-9bdf-432c-b51f-1a75586bc7dd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.2,
        "w": 0.4,
        "x": 0.55,
        "y": 0.72
      },
      "kind": "table",
      "text": "Impact to Implied SIRE Common Unit Value sensitivity table",
      "attrs": null,
      "subkind": "scenario",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b5f55ee0-005a-47cf-a1c6-6a4628de34cc",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.2,
        "w": 0.45,
        "x": 0.05,
        "y": 0.72
      },
      "kind": "table",
      "text": "Implied Unit 8 NPV sensitivity table",
      "attrs": null,
      "subkind": "scenario",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b8e70758-5062-4724-8c4e-dc4353404e3d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.6,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "Sensitivity Case #2 – Illustrative Unit 8 Expansion Economics",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f63fbd8e-d74d-4370-8851-c655091d6453",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 61,
      "from": 25,
      "beatId": "8300dd62-430b-4886-abfc-060a7ad4eeaa",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Impact & Next Steps",
      "beatSlug": "consultants-gambit-impact-next-steps",
      "evidence": "The document concludes with sensitivity cases, peer benchmarking, and supplemental data.",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}