Pellet PlantWawasum Corporation
Wawasum
• 50/50 Partnership BNA & AZA
• Planned Location: BNA Reserve
• 67,000 tpa
Wood Pellet Market (Categories)
INDUSTRIAL RESIDENTIAL
Wood Pellet Market (Product/Spec)
INDUSTRIAL RESIDENTIAL
Wood Pellet Market (Logistics)
INDUSTRIAL RESIDENTIAL
Key Market Questions
1. What product will we produce? (Residential or Industrial)
2. Where is our target market?(N.America or Overseas)
3. How will we deliver the product to them?(Rail, Vessel, Truck – cost?)
Ontario Power Generation
Atikokan Generating StationProposed Conversion
Who Buys Wood Pellets?
INDUSTRIAL• European Union• United Kingdom
RESIDENTIAL• Italy
Great North BioEnergy (GNBE)
1. Wawasum Corp. (BNA/AZA)
2. Atikokan Renewable Fuels
3. Whitesand FN
Great North BioEnergy (GNBE)
• 3 Production Plants • Same Equipment• Same Process• Same Product
• 1 Marketing Front
Why GNBE? – European Demand
• Reliability of Supply
• Repairs & Maintenance
• Larger Volume
Wawasum Wood Allocation
113,000 m3/yr
25% Birch75% Poplar
10 year Commitment
(likely 20yrs)
Class 30 Engineering Study and Business Plan Development
Class 30 Engineering & Business Plan
• Analyses and design of plant• Equipment identification and layout• Process flow diagram• Budget Construction Opinion of Cost
(+ - 30%)• Simplified Project Schedule and GANTT
chart
Class 30 Engineering & Business Plan
RESULTS:• Cost to produce Industrial?• Cost to produce Premium?• Adjustments to Business Plan required?• Solid numbers to secure financing
WAWASUM – PELLET PLANT
NEXT STEPS:• Review results of the Class 30 Engineering• Review business plan & financials• Make any adjustments necessary• Secure off-take agreement• Secure financing for construction• Site preparation & begin construction
Pellet PlantWawasum Corporation