Posted at the Chartology Forum by Spock (aka David Vincent)

Enegra

The Business Model
Revenues are derived at the front end from selling coal covered call options through the CME (Chicago Mercantile Exchange) and Europe ICE, where the seller has an obligation to deliver. The buyer pays a premium to the company as the seller. This is the front end revenue, which starts in August. Back end revenues are derived from the physical delivery of product, from late 2016 onwards. The seller (company) owns the coal, via off-take contracts, but not the mines. Therefore, mining risk is zero.

Competition: Nil
This is a new paradigm for SE Asia, by using electronic online clearing exchanges as an energy marketing channel. Aggregation of the SE Asian coal export market to follow. The company will be the market maker and price setter, for Indonesian and regional coal producers in the future, an export market of 300 million tons annually. Within 3 to 5 years can be the world’s largest coal trader.

Tranche 1 completed
The company is completing a modest capital subscription to fund the start of its trading in August. Last month, Tranche 1 for $A 1 million was subscribed for and was closed. Funds were received and the shares allotted to the subscribers. Five of the subscribers to date are Rambus members, including Sirs Fully and Spock.

Tranche 2 this month
The company is now working on the final Tranche 2 for $A500K ($US 400K), and its already 70% committed, so looking to close it in the next week or so. They have set the minimum subscription block size for Tranche 2 at $A50K ($US40K) blocks. However, Rambus members can participate for half, that is $A25K ($US 20K) blocks.

The Numbers

1. Subscription $A25, 000 ($US 20,000)
2. 74,250,000 shares or 0.17% equity in the company
3. 2Yr Forecast Dividends on block: January 2016 – 70% or $US14K; January 2017 – 170% or $US34K

Diversification
This is a diversification outside the public trading markets, where good private equity investments like this, can pay handsome cash dividends, because the business model will deliver strong and consistent revenues and positive cash flow. The company has no debt. Doubt whether traders can deliver this sort of cash returns (240% gross) in these public trading markets, over the next two years, with no price volatility, and no sleepless nights. Sounds TGTBT, but it’s not.

Size Matters
Last week the company logistics chain insurers, Lloyd’s Group of London, the world’s most respected insurance underwriter, agreed to increase coverage to $12 billion of energy trades per year. Current coal under off-take contracts = 1.8 billion tons at 60 million tons per year over 30 years. Company has engaged with a large world class mine to secure an additional 4 billion tons of coal under off-take contract. This would take the total coal under off-take contract to 5.8 billion tons, subject to completion of agreements. To put all this into context, the company can be the largest global coal trader within 3 to 5 years. And it owns no mines.

Due Diligence
For those who wish to have a closer look, here is a link to the company website and my bio (David Vincent): http://www.enegra.com/managementteam.php

Six subscribers for $US20K each and the book is closed. Let me know if interested, and I can forward more details.

Some opportunities, like this, only come along once

………………….

Fully’s Comment

I have thoroughly examined this opportunity and have easily decided the risk reward

is extremely favorable for me .

David has decided to leave out the TGTBT part

The Dividend in the third year…payable January 2018 is truly astonishing .

Have a look at David’s Bio .

We have at our round table a truly exceptionally experienced man .

By All means do your own due diligence…but do it Now.

If you want to know what I am excited about email me

gmag@live.ca

David (aka Class Act , aka Spock) is

davidvincent358@gmail.com