Return-Path: Delivered-To: bchen@aicenergycorp.com Received: from server.64xmedia.com by server.64xmedia.com with LMTP id uh38OPmBcGE7OwAAdUq3JA (envelope-from ) for ; Wed, 20 Oct 2021 16:54:17 -0400 Return-path: Envelope-to: bchen@aicenergycorp.com Delivery-date: Wed, 20 Oct 2021 16:54:17 -0400 Received: from jax4mhob20.registeredsite.com ([64.69.218.108]:55220) by server.64xmedia.com with esmtps (TLS1.2) tls TLS_ECDHE_RSA_WITH_AES_256_GCM_SHA384 (Exim 4.94.2) (envelope-from ) id 1mdIbI-0003yt-8D for bchen@aicenergycorp.com; Wed, 20 Oct 2021 16:54:17 -0400 Received: from mailpod.hostingplatform.com ([10.30.71.211]) by jax4mhob20.registeredsite.com (8.14.4/8.14.4) with ESMTP id 19KKrYwO055024 (version=TLSv1/SSLv3 cipher=DHE-RSA-AES256-GCM-SHA384 bits=256 verify=FAIL) for ; Wed, 20 Oct 2021 16:53:34 -0400 Received: (qmail 29676 invoked by uid 0); 20 Oct 2021 20:53:34 -0000 X-TCPREMOTEIP: 24.230.175.2 X-Authenticated-UID: kspilman@keitu.com Received: from unknown (HELO RazBerry) (kspilman@keitu.com@24.230.175.2) by 0 with ESMTPA; 20 Oct 2021 20:53:33 -0000 From: "Kathleen Spilman" To: "'directory'" Cc: "'Kris Keller, P.E.'" , "'Fred Chen'" , "'Bob Chen'" , "'John Lee'" , "'My John Melk'" , "'Roger Grimes'" , "'Phillip'" Subject: "mass balance" related information update timeline is unrealistic Date: Wed, 20 Oct 2021 15:53:26 -0500 Message-ID: <00aa01d7c5f4$87cead40$976c07c0$@keitu.com> MIME-Version: 1.0 Content-Type: multipart/alternative; boundary="----=_NextPart_000_00AB_01D7C5CA.9EF8A540" X-Mailer: Microsoft Outlook 16.0 Thread-Index: AdfF9BCcX5tqgVcLSWGs6N5FEZSRRw== Content-Language: en-us X-Spam-Status: No, score= X-Spam-Score: X-Spam-Bar: X-Ham-Report: X-Spam-Flag: NO This is a multipart message in MIME format. ------=_NextPart_000_00AB_01D7C5CA.9EF8A540 Content-Type: text/plain; charset="utf-8" Content-Transfer-Encoding: quoted-printable Please, I need to offer some perspective=E2=80=A6. =20 I do not believe that it is realistic to expect that my staff can go = through over 1200 pages / 290 MB of data that constitute the mass and = energy balance (that was so big that Roger had to bring a thumb drive = with it to our offices only this past Monday) and develop case specific = utility and feedstock specific data for 9 or more specific phases of = operation in 48 hours and get updated numbers back to you for contract = negotiations this week and updated financials. =20 Not to mention that we did not receive the process flow diagrams from = Haldor Topsoe for the most important case i.e. 100% jet operation (which = Kris already took care of requesting =E2=80=93 we will have apparently = tomorrow) =20 If it is of any comfort =E2=80=93 of the two items Kris and Phil have = checked, Kris=E2=80=99 ballpark estimate of the utilities for the SMR = have been off by less than 5% =20 Feel free to call and discuss with me. I will still be in the office = for the next 90 minutes. We are working hard to resend to you as much = as we can of the data, contracts, paperwork, reports etc. that has been = requested of me or my staff in the last 24 hours to you from our files. =20 Kathye =20 From: directory =20 Sent: Wednesday, October 20, 2021 12:58 PM To: Phillip Cc: 'Kathleen M Spilman' ; 'Kris Keller, P.E.' = ; directory@aicenergycorp.com; Fred Chen = ; Bob Chen ; John Lee = ; My John Melk ; 'Roger = Grimes' Subject: Re: Questions about Trenton 2+2 Financial Assumptions =20 Phillip Not now ,We can make a one-time modification after the "mass balance" = related information is updated. =20 Thank you=20 Snow=20 =20 _____ =20 From: Phillip > Sent: Tuesday, October 19, 2021 3:27 PM To: directory@aicenergycorp.com =20 Cc: 'Kathleen M Spilman'; 'Kris Keller, P.E.' Subject: Questions about Trenton 2+2 Financial Assumptions =20 Hi Snow, =20 For the financials for Trenton 2+2 that I am preparing, do you want me = to keep the assumption that Trenton 1 will start up in May 2023 and = Trenton 2+2 will start up in January 2024? Or should I use different = startup dates? =20 Additionally, do you want me to update the money spent-to-date in the = financials? =20 Please let me know if you want me to address any of these assumptions in = the upcoming financials. =20 Thank you, Phillip Stack =20 ------=_NextPart_000_00AB_01D7C5CA.9EF8A540 Content-Type: text/html; charset="utf-8" Content-Transfer-Encoding: quoted-printable

Please, I need to offer some = perspective=E2=80=A6.

 

I do not = believe that it is realistic to expect that my staff can go through over = 1200 pages / 290 MB of data that constitute the mass and energy balance = (that was so big that Roger had to bring a thumb drive with it to our = offices only this past Monday) and develop case specific utility and = feedstock specific data for 9 or more specific phases of operation in 48 = hours and get updated numbers back to you for contract negotiations this = week and updated financials.

 

Not to = mention that we did not receive the process flow diagrams from Haldor = Topsoe for the most important case i.e. 100% jet operation (which Kris = already took care of requesting =E2=80=93 we will have apparently = tomorrow)

 

If it is of any comfort =E2=80=93 of the two items = Kris and Phil have checked, Kris=E2=80=99 ballpark estimate of the = utilities for the SMR have been off by less than 5%

 

Feel free to = call and discuss with me.=C2=A0 I will still be in the office for the = next 90 minutes.=C2=A0 We are working hard to resend to you as much as = we can of the data, contracts, paperwork, reports etc. that has been = requested of me or my staff in the last 24 hours to you from our = files.

 

Kathye

 

From: directory = <directory@aicenergycorp.com>
Sent: Wednesday, October = 20, 2021 12:58 PM
To: Phillip = <pstack@keitu.com>
Cc: 'Kathleen M Spilman' = <kspilman@keitu.com>; 'Kris Keller, P.E.' = <kkeller@keitu.com>; directory@aicenergycorp.com; Fred Chen = <fred.chen9@yahoo.com>; Bob Chen <bchen@aicenergycorp.com>; = John Lee <jlee@aicenergycorp.com>; My John Melk = <jmelk06@yahoo.com>; 'Roger Grimes' = <rgrimes@aicenergycorp.com>
Subject: Re: Questions about = Trenton 2+2 Financial Assumptions

 

Phillip

Not now ,We can make a one-time modification after the = "mass balance" related information is = updated.

 

Thank = you 

Snow 

 

Hi Snow,

 

For the = financials for Trenton 2+2 that I am preparing, do you want me to keep = the assumption that Trenton 1 will start up in May 2023 and Trenton 2+2 = will start up in January 2024?  Or should I use different startup = dates?

 

Additionally, do you want me to update the money = spent-to-date in the financials?

 

Please let = me know if you want me to address any of these assumptions in the = upcoming financials.

 

Thank = you,

Phillip Stack

 

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