Business Model

Oracle’s growth strategy for 2016 will be to complete the EPC negotiations for both the mine and the power plant and with Sinosure for the export credit financing so that the project can reach financial close in 2016.

1
Scouting

Scout for energy assets at different stages of the cycle; screen opportunities and focus on those that meet criteria.

2
Explore and develop

Evaluate the energy opportunity and secure the rights; agree technical approach; determine route to market; consider regulatory and fiscal framework; consider and develop plans for the environment and all other corporate social responsibility issues; assess economic viability; engage working contractors; source finance; financial close.

3
Deliver energy resource and route to market

Deliver energy resource and route to market; implement environment and all other corporate social responsibility plans.

4
Generate cash

Work energy resource and deliver to market; continue implementation of corporate social responsibility plans; repay lenders and pay dividends.

5
Portfolio Management

The longer term aim is to build up a portfolio of energy/power assets at different stages of the cycle, with continuous review of existing portfolio and readiness to trade existing interests with other interests that improve the risk/reward balance of the overall portfolio.