FINANCIAL PROJECTION ASSUMPTIONS

SET UP PERIODS

MONTHS

1

2

3

4

5

6

7

8

9

10

11

12

PROCEEDS:

TANK CLEANING

10% SHARE OF THE MARKET

(20 Tanks)

WASTE MGT.

OTHER INCOME

EQUITY

BANK/LEASE FINANCE

17% p.a

TOTAL

EQUIPMENT WIP

EQUIPMENT FULL

SHIPPING/HANDLING

LEASE PAYDOWN

see cash flow details- figures from lease calculation

MANAGER/OPERATOR - 16.29%- 20% (As the year goes)

Process/Operations

Engineering

Expatriate

Laboratory

Administration

Marketing/PR

Community Relations

TECHNICAL MGT. FEE:

2.5% 0f cost

INSURANCE FEE

5.00%

MAJOR EQUIPMENT

OVERHAUL

(Yearly interval 7.5%)