CRESCO PROJECT FINANCE Company profile

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CRESCO PROJECT FINANCE Company profile
Company Profile
Your project development partner, delivering
value through a multi-skilled team
October 2006
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Contents

• CRESCO NICHE
• ABOUT US
• CREDENTIALS
• CRESCO SERVICES
• CONTACT US

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CRESCO NICHECRESCO bridges the gap between a
concept and reality
CRESCO has a multi-skilled team to assist
investors in securing and developing high quality
businesses and projects
Concept / Project
Investors

• Often key investors do not have the necessary
  time to spend developing businesses
• Require effective business development and
  implementation plans

• Business promoters have unrealistic expectations
  of the opportunity and funding prospects
• Often the business risks have not been adequately
  addressed and mitigated

Helping you bridge the gap
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Contents

• CRESCO NICHE
• ABOUT US
• CREDENTIALS
• CRESCO SERVICES
• CONTACT US

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ABOUT USTo find and exploit opportunities to
optimise wealth creation resulting from the
structuring and arranging of projects and
businesses

• CRESCOs PURPOSE
• Business Development
• To assist projects in business plan preparation
  to ensure achievable milestones are set and the
  processes in place are sufficient to ensure a
  viable business.
• Project Finance
• To develop bankable projects for project
  promoters to ensure successful capital raising,
  closure and implementation of a project.
• To provide financial, drawdown and completion
  support as well as ongoing administration to
  support the business / project during the funding
  phase.
• Turnaround
• To identify underperforming businesses and
  provide hands on management involvement to
  deliver value to shareholders and / or other
  funders.

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ABOUT USCRESCOs directors offer extensive
experience in and around project finance and
project support
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ABOUT USCRESCO provides a team with specialist
skills across the disciplines required to drive
successful financing and completion
CRESCO RESOURCE
PROJECT INPUTS
CRESCO SKILLS
Multi Skilled Financiers
Core Credentials
Project Finance Advisory
Technical Feasibility
Network Specialists
IT /Engineers/Geologists
Financial Modeling
Business Modeller
C.A. Other financial
LLB Masters degree
Legal Review Drafting
Project Finance legal
Markets Economic review
Marketing Feasibility
Development Economist
Spec. Admin Treasury
Post-Financial Closure
Back Office functions
CRESCO has an extensive network of specialists
that are available on a per project basis
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Contents

• CRESCO NICHE
• ABOUT US
• CREDENTIALS
• CRESCO SERVICES
• CONTACT US

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CREDENTIALSRecent involvement in two business
start-ups from concept to business development to
implementation contributing to success

• Business Developments
• Auto General - Business Insurance offering
• Strategic direction and focus
• Product / sector focus and risk impact
• Financial projections (3 years weekly financials
  with customer take up / retention and linked to
  remuneration targets for management)
• Implementation / operational plan
• Telesure Group - 1 Life Direct Insurance
  Offering
• Defining the product (direct life insurance
  first offering in SA)
• Sales approach (compliance with Life insurance
  industry)
• Financial projections (5 years weekly financials
  with customer take up / retention and linked to
  remuneration targets for management)
• Application for life license (Financial Service
  Board stipulations)
• Implementation plan focusing on

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CREDENTIALSExperience of a number of projects
across diverse industries and countries, ranging
from fund raising to post closure support

• Project Finance
• General projects
• Inga Hydro Power Rehabilitation (US100 million)
• Norsa Fishing, South Africa Pelagic Fishing
  Trawler (US 22 million)
• MTN Nigeria Mobile Network (US 15 million)
• Marromeu Sugar Rehabilitation (US 15 million)
• Mining minerals projects
• MOZAL I II, Mozambique Aluminum Smelter (US
  345 250 million)
• Kolwezi Tailings project (US 100 million)
• Chambishi, Zambia Copper Smelter (US 20 million)
• Kenmare Moma, Mozambique Mineral Sands (US 30
  million)

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CREDENTIALSExperience of a number of projects
across diverse industries and countries, ranging
from fund raising to post closure support

• Turnaround
• Government controlled - Bureau of Standards
• Strategic transformation to focus business on
  commercial issues.
• To increase service quality and implement
  system improvements.
• To identify cost savings and productivity
  areas.
• Internal business review of Corus Group (old
  British steel)
• Review of operational divisions to assess
  performance and future strategic opportunities
• Assisted syndicate banks to assess the security
  position and additional funding
• Supported syndicate coordinators with the bank
  negotiation and provided input to improve
  bargaining positions
• Strategic review of BAAN (Dutch based software
  company)
• Understanding business model, product lifecycle
  and relative competitive position
• Assessing the impact of possible cost savings
  initiatives on company profitability and growth
• Provide shareholders with alternatives to
  obtain value, while minimizing liabilities/downsid
  e.

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CREDENTIALSOur clients appreciate the full range
of skills that CRESCO can provide and our ability
to provide objective independent advice

• What our clients say

Executive Director Project Management
company continue a strong relationship with you
in the next phase of our project to execute the
construction and operations
Group CFO International Engineering
Company What was received Management Consulting
with sleeves rolled up.Broke the issues down
and gave clarity on what was needed

Deputy Chairman International Aquaculture
project CRESCO demonstrated to be a very high
quality firm that took a project, which was a
total mess and made the financial close a
success
Head of International Finance department of a
Development Finance Institute We were happy
with their services in terms of quick response to
our needs and efficiency 
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Contents

• CRESCO NICHE
• ABOUT US
• CREDENTIALS
• CRESCO SERVICES
• CONTACT US

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CRESCO SERVICES BUSINESS DEVELOPMENTCRESCOs
assists businesses through the preparation of
business plans to ensure practical steps in place
for achievable milestones

• The business development process

IMPLEMENTATION / START UP
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CRESCO SERVICES BUSINESS DEVELOPMENTCRESCO
also provides value adding services ranging from
ongoing implementation support to legal and
strategic reviews

• Ongoing implementation support
• CRESCO is able to provide ongoing implementation
  support to ensure the milestones defined in the
  business plan are achieved.
• All detailed steps are monitored using short
  interval control methodologies and non
  performance is addressed immediately.
• Benchmarking of ownership structure to other
  relevant organizations to validate optimal
  structure proposed
• Corporate finance specific legal support to
  implement ownership structures proposed

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CRESCO SERVICES PROJECT FINANCECRESCOs assists
is the development of bankable projects for
project promoters and the marketing of these
projects to investors

• The deal process and key milestones

POST FUNDING
PRE FUNDING
Operations
Commission
Implementation / construction
Pre- Feasibility
Fund raising
Bankable Feasibility
Concept
Diagnosis
Financial Completion
Technical Completion
Strategy structuring
Financial Close
Marketing to investors
Due diligence
Negotiation
Post-closing support
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CRESCO SERVICES PROJECT FINANCECRESCO also
provides value adding services ranging from
export credit scheme support / training to
project reviews and turnaround

• Export scheme training and support
• CRESCO has provided both corporates and
  development institutions with export scheme
  training and support.
• On the job involvement in project administration
  and drawdown procedures
• Specialized insurance brokerage
• Advise clients on the most appropriate insurance
  instruments available in the market to mitigate
  insurable project risks.
• Broker specialized insurance products in the
  local and international insurance markets
• Trade facilitation services
• CRESCO is able to provide trade facilitation
  support to its clients by structuring off-take
  agreements on their projects.
• Project Turnaround
• Provide hands on turnaround resource to assist
  in underperforming projects or ventures.
• Range from assistance with achieving milestones
  to restructuring the financing funding package
  and/or realignment of business plans.

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CRESCO SERVICES TURNAROUNDCRESCOs have
extensive experience of Turnaround opportunities

• Key steps in dealing with a Turnaround

• Initial consideration of company situation
• - is entity worth saving
• - is a turnaround possible
• Rapid appraisal of the current predicament
  
• - Immediate cash needs
• - Projected cash flow
• - Relative competitive position
• - Review of business model
• Crisis management and emergency actions
• Stabilisation phase
• Detailed analysis and development of recovery
  plan
• Rehabilitation or return to normal
• Management of stakeholder relations
• Implementation of strategic delivery plan

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Contents

• MARKET OPPORTUNITY
• ABOUT US
• CREDENTIALS
• CRESCO SERVICES
• CONTACT US

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CONTACT USCRESCO offers both services per
deliverables, usually on a time materials
basis, to arranging mandates on a fixed fee basis
Office details ?? Manhattan office Park 16 Pieter
Street Unit 6 South Ground floor Centurion Johanne
sburg South Africa 186 ?? 27 (0) 12 665 2612 ?
27 (0) 12 665 3837
Directors contacts Focus area Conrad Hefer,
CEO ? conrad_at_crescopf.co.za Projects ? 27
(0) 82 888 3836 Michael Atkinson,
Director Risk analysis ? michael_at_crescopf.co.za
? 27 (0) 83 458 0657 Robert Futter,
Director Financial ? robert_at_crescopf.co.za
? 27 (0) 83 704 0335 Andre Bell,
Director Legal ? andre_at_crescopf.co.za ? 27
(0) 82 451 5783 Johan Greyling,
Director Projects ? johan_at_crescopf.co.za
? 27 (0) 82 322 9179