Received: from mailpod.hostingplatform.com ([10.30.71.204]) by jax4mhob23.registeredsite.com (8.14.4/8.14.4) with ESMTP id 13NJlQMo001173 (version=TLSv1/SSLv3 cipher=DHE-RSA-AES256-GCM-SHA384 bits=256 verify=FAIL) for ; Fri, 23 Apr 2021 15:47:26 -0400 Received: from jax4mhob23.registeredsite.com ([64.69.218.111]:36908) by server.64xmedia.com with esmtps (TLS1.2) tls TLS_ECDHE_RSA_WITH_AES_256_GCM_SHA384 (Exim 4.94) (envelope-from ) id 1la1mb-0000dT-Lq for directory@aicenergycorp.com; Fri, 23 Apr 2021 15:48:11 -0400 Received: from unknown (HELO RazBerry) (kspilman@mandanhistory.org@24.230.175.2) by 0 with ESMTPA; 23 Apr 2021 19:47:25 -0000 Received: (qmail 11569 invoked by uid 0); 23 Apr 2021 19:47:25 -0000 Received: from server.64xmedia.com by server.64xmedia.com with LMTP id DEJkInskg2CqCQAAdUq3JA (envelope-from ) for ; Fri, 23 Apr 2021 15:48:11 -0400 From: "Kathye Spilman" To: Cc: "John Melk @icloud" , "Brandon Sheets @AIC" , "'Kris Keller, P.E.'" Subject: Multiple Red Flags identified Early Stages of Feasibility Study Crush Plant for Trenton 2+2 Date: Fri, 23 Apr 2021 12:47:23 -0700 Message-ID: <003301d73879$7b994700$72cbd500$@mandanhistory.org> MIME-Version: 1.0 Content-Type: multipart/related; boundary="----=_NextPart_000_0D07_01D76C1C.A7ACC200" X-Mailer: Microsoft Outlook 16.0 Thread-Index: AQJXab0CAhp3RomA4Qt6S+vswnBYhw== Content-Language: en-us X-OlkEid: 000000007AB30CF2188F8748A1EDECDAAEF9C7DF0700C3B68E10F77511CEB4CD00AA00BBB6E600000000000C000050BE065DE1C92A478CFF840A0403EA790000000005CC0000610CE7BA793B474F9B53F9F9E5AAAA7F X-Spam-Status: No, score=1.3 X-Spam-Score: 13 X-Spam-Bar: + X-Ham-Report: Spam detection software, running on the system "server.64xmedia.com", has NOT identified this incoming email as spam. The original message has been attached to this so you can view it or label similar future email. If you have any questions, see root\@localhost for details. Content preview: I know you will likely only want "good news" for your investors next week Friday. But we need to set some expectations. When (note I don't say if) built, Trenton 2+2 could be the largest "switch" oil [...] Content analysis details: (1.3 points, 3.0 required) pts rule name description ---- ---------------------- -------------------------------------------------- 0.0 URIBL_BLOCKED ADMINISTRATOR NOTICE: The query to URIBL was blocked. See http://wiki.apache.org/spamassassin/DnsBlocklists#dnsbl-block for more information. [URI s: keitu.com] 0.0 HTML_MESSAGE BODY: HTML included in message 1.0 KAM_LAZY_DOMAIN_SECURITY Sending domain does not have any anti-forgery methods 0.5 KAM_NUMSUBJECT Subject ends in numbers excluding current years -0.2 AWL AWL: Adjusted score from AWL reputation of From: address X-Spam-Flag: NO X-TCPREMOTEIP: 24.230.175.2 X-Authenticated-UID: kspilman@mandanhistory.org This is a multipart message in MIME format. ------=_NextPart_000_0D07_01D76C1C.A7ACC200 Content-Type: multipart/alternative; boundary="----=_NextPart_001_0D08_01D76C1C.A7ACE910" ------=_NextPart_001_0D08_01D76C1C.A7ACE910 Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: 7bit I know you will likely only want "good news" for your investors next week Friday. But we need to set some expectations. When (note I don't say if) built, Trenton 2+2 could be the largest "switch" oil seed crush plant in the world. So it is going to be expensive. The waste water produced by a crush plant is high BOD i.e. organic content. We are going to need serious acreage for waste water treating ponds or you are going to need big capital investment for wastewater treatment equipment. There may not be enough space at the existing Lower Yellowstone Electric Coop (LYEC) Substation to bring in all the power equipment we are going to need and for redundancy purposes, they may need to install two smaller vs. one large series of new equipment. Plus it is my understanding that LYEC was already concerned their existing substation is not big enough even without crushing Plants. In addition, it pelletizing equipment was not included in the cost proposals the 2+2 crush plants. With that much feed, it is going to need to be pelletized. And we have to include serious $$ for utilities including the possibility that the 5000 acre feet of water per year limit on the Mortenson Water Intake permit will not be big enough. Going to need raw water or treated water storage because we can't be without water. And heating and drying feedstock meal is going to take a chunk of natural gas beyond a huge demand for natural gas for the hydrogen plant feedstock - so bigger pipe. In summary, we already thing you are going to need some more land. And the early estimate of investment cost for Trenton 2+2 we provided a couple of week ago is low. And huge advantages if it is across the street adjacent to the Savage Services site. (The cost for two heated 2500 foot conveyor - one for seed and one for animal feed pellets) is going to be more than what you are likely going to pay for land on the north side of 42nd St. And Coal Creek had so much trouble with their coal conveyor - abeit a long longer than you will need - they eventually tore it down and paid for a underpass beneath 4-lane US-83 highway and invested in a road and mega dump trucks and staff to move the coal. And they only needed one conveyor line. Given the time available prior to next week's investor/bank presentation, expect these and any other concerns identified to be listed in the material as areas for additional study. But understand it really means you are going to need more money. Kathleen M. Spilman, P.E. Project Engineer - SAFuels X (Trenton) 1403 27th St NW PO Box 98 Mandan ND 58554 (701) 667-1800 (701) 667-1808 x100 Direct (701) 527-0277 Mobile www.keitu.com ------=_NextPart_001_0D08_01D76C1C.A7ACE910 Content-Type: text/html; boundary="----=_NextPart_000_0034_01D7384F.92C3DB40"; charset="us-ascii" Content-Transfer-Encoding: quoted-printable

I know you will likely only = want “good news” for your investors next week Friday.  = But we need to set some expectations.   When (note I = don’t say if) built, Trenton 2+2 could be the largest = “switch” oil seed crush plant in the world. So it is going = to be expensive.

 

The waste = water produced by a crush plant is high BOD i.e. organic content.  = We are going to need serious acreage for waste water treating ponds or = you are going to need big capital investment for wastewater treatment = equipment.  There may not be enough space at the existing Lower = Yellowstone Electric Coop (LYEC) Substation to bring in all the power = equipment we are going to need and for redundancy purposes, they may = need to install two smaller vs. one large series of new equipment.  = Plus it is my understanding that LYEC was already concerned their = existing substation is not big enough even without crushing = Plants.  In addition,  it pelletizing equipment was not = included in the cost proposals the 2+2 crush plants.  With that = much feed, it is going to need to be pelletized.  And we have to = include serious $$ for utilities including the possibility that the 5000 = acre feet of water per year limit on the Mortenson Water Intake permit = will not be big enough.  Going to need raw water or treated water = storage because we can’t be without water.  And heating and = drying feedstock meal is going to take a chunk of natural gas beyond a = huge demand for natural gas for the hydrogen plant feedstock – so = bigger pipe.

 

In summary, we already thing you are going to need = some more land.  And the early estimate of investment cost for = Trenton 2+2 we provided a couple of week ago is low.

 

And huge = advantages if it is across the street adjacent to the Savage Services = site. (The cost for two heated 2500 foot conveyor – one for seed = and one for animal feed pellets) is going to be more than what you are = likely going to pay for land on the north side of 42nd St.  And = Coal Creek had so much trouble with their coal conveyor – abeit a = long longer than you will need – they eventually tore it down and = paid for a underpass beneath 4-lane US-83 highway and invested in a road = and mega dump trucks and staff to move the coal.  And they only = needed one conveyor line.

 

Given the = time available prior to next week’s investor/bank presentation, = expect these and any other concerns identified to be listed in the = material as areas for additional study. But understand it really means = you are going to need more money.

 <= /span>

Kathleen M. = Spilman, P.E.=

Project Engineer – SAFuels X = (Trenton)

3D"KECI

1403 27th = St NW

PO Box 98

Mandan ND = 58554

(701) = 667-1800 

(701) 667-1808 x100 = Direct

(701) 527-0277 = Mobile

= www.keitu.com=

 

 

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