ProblemAnd... airlines aremandated to reducecarbon footprintsEuropean Union starts Jan 2012, targetten percent by 2020Estimated penalties in 2012 willcost airlines $1.9 billion and $9.7billion in 2020
HistoryWorld’s first biofuel test flight tookplace in Dec 2008 The next month Mitch Hawkins formed BioJet
StrategyBioJet rationalizes,integrates, manages and is aprincipal in...Feedstock Refining Logistics Offtake Contracts New Technologies
FeedstocksLike the oil companies,we control our feedstocksGeneration FeedStock Energy Bal. Time Frame First Corn/Soy/Palm 1-1.3 Now Jatropha Now - 5-10 Second 1-4 Camelina yrs Waste BioMass Third 1-15 5-10 yrs Algae/Sugars Fourth GMO/Algae 1-30 10-20 yrs
FeedstocksWe had started with 2.5million hectares of jatrophain the Philippines, Peru, 10other countriesAcquired:Abundant BioFuels with4.3 million hectaresTotal =6.8 million hectares
FeedstocksNext we added 750,000 acresof camelina in ArgentinaJV with Great Plains
RefiningJoint ventures withthree major refineriesin the Caribbean, So. Asiaand Europe, using UOPtechnology
RefiningOur minirefinery JV willrevolutionize theeconomicsof production anddistribution ofBioJet’s fuels
TechnologyTECHNOLOGY...We are working on new feedstockdevelopments,genetic engineering andrefining technologies
TeamThe brainsCEO - Mitch HawkinsCOO - Wayne Van DyckSVP Sales - James PfeilSVP Refining - Bruce BerwagerSVP Gov - Robert MartinGen Counsel - Mathew LadinCFO - Paul RobinsonVP Corp Dev - Andrew NollVP Latin Am - Damiana Serafini
TeamMore brainsBoard of Directors Mitchell R Hawkins Renat Heuberger Don McCarthy Ralph AdamsGlobal Advisory Board Nathan Agnew Dr. Dan Colbert John C. Shideler, PhD. Meghan Sapp Guarav K. Shah, MS Samuel (Sandy) Hale, PhD Michael M. Wadden Joseph Lambert Glenn Rambach
MilestonesFirst biofuels test flight Dec 08Corporation formed Jan 09EU carbon regulations Feb 09World’s largest feedstock contract Apr 09Strategic refining agreement with UOP Nov 09Camelina teaming JV with Great Plains Jan 10First ‘Alternative Fuels Partner’ of IATA Mar 10Argentina camelina JV formed Jun 10$1.2 billion equity funding commitment Feb 11
S StrategySeeking strategicpartners... Major refiner to support and assist with ten to fifteen major refinery projects. Major energy finance / funding group to provide $7 billion in project financing
Objectives In 5 years we will be producing... 24M barrels of renewable and sustainable jet fuel grossing $3 billion in revenues netting $690 million be worth over $4 billion... andleading the world’s green jet revolution.
Financing$25M bridge equity investment: 8 million shares Estimated $64 million-$80 millionat initial public offering in 6 to 8 monthsEstimated $180 million-$240 million In 4 to 5 years
FinancingUse of Proceeds Working Capital $4M Feedstock Projects Jatropha $8M Camelina $6M Refining Projects UOP $3M Mini Ref JV $2M
Near Term Strategy Complete equity financing Complete public offering Draw down equity funding Ramp and finance feedstock production Launch mini refinery pilot
BioJet summary... Huge and Exploding Market Compelling Business Model Feedstock Control Big First Mover Advantage Market Leadership Experienced Management $1.2 Billion ‘Equity Partners’ Funding IPO in Six to Eight Months
Scaling Financings AirTransportActionGroup is striving for 6% biofuels by 2020 European Commission expects 40% biofuels by 2050 To meet the demand, near to 290 biofuel refineries will be required to be built over next 20-30 years (one per month) at a capital cost of $200M-$500M each, a total of $58B-$145B
Here’s an investment that changesthe airline industry, savesthe planet ANDprovides abig ROI.BioJet
for more information: Yusuf A. Rahman Managing Director Alta Vista Sdn BhdPrivate International Equities Kuala Lumpur, Malaysia +firstname.lastname@example.org
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