• Q: Can I sell my land lease any time during its term?

A: The lease is fully assignable, allowing you the Owner to privately sell your land and trees any time during the term of the lease.

• Q: Are there any ongoing costs to leaseholder?

A: Should you decide to manage the land and trees yourself, you will be responsible for any plantation running costs including taxes.

• Q: What are my ongoing costs should I choose to appoint Green Oil Plantations to manage my trees and land?

A: All costs and taxes will be covered by Green Oil Plantations should you choose to enter into a contract with us. Your only costs are your personal tax liabilities. We will be able to cover such costs from the revenue generated from your trees. We will also take an insurance cover at our own cost to protect your trees and any loss of returns.

• Q: How does the 3 months notice works?

A: In the case of the 8 year tenancy agreement – you can give notice to exit this agreement any time during the 8 years term. Should you choose to exit before the end of the term, you will receive all rents due to that point. The refund of the value of your lease is only refunded if you stay to the end of the 8 year term. Should you exit by year 6 for example, you will still have 8 years remaining on your lease. You are free to sell the lease, find an alternative manager or manage it yourself.

5 year buyback management contract – the notice works the same way here, you are free to exit any time during the contract. The buyback contract accumulates an annual interest of 14% per year and an extra 10% bonus is added at the end of the 5 years term. If you give notice to exit by year 3 for example, you will receive  14% of the value of your lease X three years. You will still have 2 years left on your lease which you are free to sell, find an alternative manager or manage it yourself.

• Q: What happens if I die during the term of my contract?

A: In the unfortunate event where you or your joint applicant dies, Green Oil Plantations will endeavour to buyback your lease within 6 months from having received notice of death. Should you have entered into a buyback or tenancy agreement with us, we will terminate the contract and pay any rent/returns due.

• Q: How does the insurance cover work?

A: We commit to take a comprehensive insurance cover to protected the plantation and crop in event they are affected.

This insurance will be put in place for those clients who appoint Green Oil Plantations to manage their plot through the tenancy or buyback contracts. The costs of such insurance will be the full responsibility of Green Oil Plantations.

• Q: Why did you choose Australia to host these projects?

A: We considered many aspects before choosing a country to host the Millettia Projects. The first reason is political stability. From our research, this issue stands at the top of investors’ concerns list.

Since we are offering a tree and land lease, we could not in any way risk the possibility of leasing the land from an unstable government and then have this taken away from us should the next political leader decides he wants to own your plantation. We are able to safeguard you by purchasing the freehold land title in Australia from which we can grant you a lease.

The second reason is the area. Cairns Hinterland in Queensland offers the ideal climate in which to grow Millettia trees, together with a good level of rain fall. We also have land with guaranteed water supply.

The third reason is the significant demand for energy in the area. For those wishing to take advantage of the Millettia trees, the Green Oil to be produced can be used to create electricity, which can be sold to the grid locally. This green oil production will not resolve the energy crises but will help reduce it. We have full support from the local Mayor who is very excited with our project and the prospects for the area. These plantations can also create many jobs in the local community. As well as the oil, the trees can produce animal feed and fertilizer that can be sold to local farmers. The honey can be sold locally or exported.

The forth reason is the economical stability and strength of Australia.

Australia is the 14th strongest world economy with the 7th largest GDP growth in the world; ahead of the UK and the USA.

With such a strong and stable currency, we feel you will further benefit from investing in Australia.

• Q: Why did you choose Millettia Green Oil for these projects?

A: You will find that Millettia (previously known as Pongamia) may not be as well known as Jatropha or Palm. It has been growing in India and Australia for over 1,000 years and people have been using its oil as fuel and energy. There are a number of commercial plantations around the world. It is also a native plant of Australia and thrives in areas of poor soil.

Millettia is not a replacement for Jatropha or Palm or any other oil-producing tree; it is a complement to the many species that can produce Green Oil.

The world demand for energy is intensifying at an astonishing rate. Weather changes mean the world is suffering from more extreme temperatures and the only way to keep alive is by having access to energy.

We also see very fast growth of many third-world countries that demand access to energy supplies. This doesn’t even include airlines, cars, commercial fleets, ships etc.

Millettia is a perfect tree to produce high levels of Green Oil:

• It produces nearly double the yields of Jatropha and Palm
• It is a non-food, non-toxic plant
• It produces high quality animal feed and fertilizer
• Crops can be mechanized, which makes it commercially viable
• Roots grow up to 10-metres deep in its first three years, which means it doesn’t need irrigation from the third year
• It is resilient in the event of droughts

A super Intensive Millettia crop sequestrate over 50 tonnes of CO2 per hectare, every year, therefore providing a significant environmental benefits and helping in the fight against climate change. This is combined with the higher than average long-term returns our clients receive from their Millettia plantation.

Millettia trees live for up to 100 years or more with a productive oil seed lifespan of 70 to 75 years – this is about the double that of the Jatropha plant.

• Q: How does the local community benefit with the cultivation of these Green Oil producing crops?

A: A Millettia plantation can generate many local jobs for the life of the producing crop, which is typically 70+ years. The plantation also helps to improve soil quality, the environment as it can generates clean energy.