The solution to waste is

market development
by converting it into useful resources
Unique Advantage
We can convert anything organic into diesel
Feed Plant Products
MSW
WASTE

Industrial

C&D

Oil
FUELS**
FOSSIL

Coal

Wood
BIOMASS

Energy Crop

Agri Waste

Landscaping
Key Success Factors

1. Feedstock Availability & Price

2. Off-Take Demand & Price

3. Feedstock Certification

4. Economies of Scale**

5. Reliability & Efficiency of the plant

6. Growth & Expansion

Identify & Plan Create & Design Invest & Build Operate & Maintain
 Glossary of Terms

RFS The Renewable Fuel Standard (RFS) created by the EPA which sets
annual mandates required by refineries and blenders for renewable
transportation fuels sold or introduced into commerce in the United
States. The current RFS2 sets mandates through to 2022.

RIN The Renewable Identification Number

(RIN) system was created by the U.S.
Environmental Protection Agency to
facilitate compliance with the RFS and is
effectively its currency to credit trading.

RINs are transferred with the renewable

fuel sold through the distribution system
and ownership changes. Once finally sold
to the end user the RINs are separated
and used to prove RFS compliance.
Refiners and importers have the
responsibility of acquiring sufficient RINs
each year to meet their obligations .
For more information go to http://www.epa.gov/otaq/fuels/renewablefuels/index.htm
 Market Size & Growth
For the advanced renewable
diesel we produce we get:-
1.7 x current biodiesel RIN price

RIN value increasing

50% biofuel by 2020
21 Billion Gallons by 2022
RFS2 mechanism of support RINs
11% blending mandatory for refineries
1.7 RINs for renewable diesel (D4 &D5)
Extent of Biomass Supply

Stage 1
635,000 bbl of refineries served within a
80kM radius, over 85 Million tonnes of
beetle infested dead trees shall be used
to create 11,000m3/day of biofuel (92
plants) for their 11% mandatory blending
requirements.
Extent of pine beetle infestation by 2030
Stage 4
1.7 million bbl of refineries can be served,
which means we could produce up to
29,500m3/day of biofuel (245 plants)

We can then shift to other states for

further expansion.
Delivery Structure

Debt Provision Equity Provision The project shall be delivered

Prime under the legal framework of an
Investor
LLC company, resolve shall be
30%
appointed as the development &
Development project manager to be the
Manager
investors principle agent.
Feedstock Partner
Investment
Vendor Finance BANKS 2 The Project Company will build,
1 70%
Off-take Partner own and finance the Assets under
Investment
feedstock concessions & fuel
purchase agreements.
Project
Offshore 3rd Party Investors
Company
SPV
The Project Company will
LLC
appoint the EPC contractor plus
specialist sub packages for Design
& Build turnkey segments to suit
EPC Asset technical KPIs required for the
Contractor Management cost model.
To maintain continuity
& project performance
Specialist O&M resolve shall take a stake in the
Packages Contractor project company and be its Asset
Manager plus O&M sub contractor
Vendor and EXIM finance can be arranged for a large to co-ordinate, manage & maintain
majority of the equipment within the plant, which shall help the technical KPIs required for the
reduce the upfront equity commitment.
cost model
The present feedstock and off-take partners have stated the
interest to buy into the projects once in operation, due to the
vertical arrangement with their existing businesses
Phase 1 project site

Located in Mission, British Columbia (Canada)

7 Acre site fully permitted where operations started

nine (9) months ago, presently processing 200 tons
per day at this C&D MRF & RDF facility. RDF is sold
to local green houses.

The facility can expand to 2,100 TPD to suit the

growing needs in the waste field and local
regulations.

We have a letter of intent from them for a ten (10)

year supply of the feedstock we need plus the
option to purchase a portion of their land for our plant.

50% biofuel by 2020

Zero landfill by 2020

Phase 1 project feedstock

Facilities within 10km radius

Ten (10) saw mills source for

biomass feedstock plus river
access for barge delivery.
Four (4) green house farms
off-take for CO2 and waste heat.
One (1) waste transfer station
source for MSW + C&D feedstock
plus the site is on the main route
for landfilling of MSW.

680kM round trip saving

2,150TPD with 1497 TPD RDF
Phase 1 project off-take
Facilities within 80km radius

Five (5) refineries major off-take

customers with a total capacity of
635,000 bbl requiring 11% to be
blended with biofuel as per
regulations.

Option to retail directly the fuel to

the waste & other trucks

Three (3) fuel blenders minor

off-take customers. Presently we
have a letter of intent from Whole
Energy who is the largest biodiesel
marketer and distribution company
on the west coast of North America.
Capital Required & Returns

Revenue from $0.85 + 1.7 x RIN per liter

i.e. whole sale price of diesel + RIN credits at direct sale

1. 50% Equity Stake into MRI plus expansion

Equity required - $ 10 Million existing profitable business

2. Phase 1A
Total capital required - $ 48.5 Million 2,000lph
Equity portion $ 13 + 5 Million*
IRR 40%
3. Phase 1B
Total capital required - $ 85 Million extra 5,000lph
Equity portion $ 25.5 Million*
IRR 55+%
4. Next Five (5) Years
Extra capital required - $ 510 Million six (6) projects
Equity portion $ 153 Million

After five (5) years growth up to 245 plants in BC alone.

Program (Phase 1A)
Tasks 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19

Issue of plan & models

LEGEND:
Site visits & type tests Crictical path
Crucial

Release of funds for 5,000 lph plant (completion in another 12 - 16 months)

Finanical Sign Off Important
(100% equity + USD 5 million)

Design Updates &

Checks

Full Scale 2,000 lph plant Operations Commencement

NOCs, Permits &
Authorities Clearance
Equipment
Manufacturing (2,000 lph plant)

Shipping
(2,000 lph plant)

Civil Construction &

Support MEP Services
Plant Erection
(2,000 lph plant)
Release of Funds for 2,000 lph plant

Commissioning

Completion of civil & MEP works

(2,000 lph plant)

Construction & delivery

Functioning 2,000 lph plant

of 5,000 lph plant
turbines
Testing of 5,000 lph
turbines on 2,000lph
plant
Sign an NDA

Recommission 2,000 lph

Sign an DA

plant
Raising Debt for 5,000
lph plant
Financial Sign Off for
5,000 lph plant

Mile Stone 1 Mile Stone 2 Mile Stone 3 Mile Stone 4 Mile Stone 5 2,000 lph Mile Stone 3