Commodity Investments
RRGI will invest in certain natural resource commodities such as oil, gas and precious metals. In oil and gas projects, the company will consider investing in development and completion programs.
The company purchases refined fuel products directly from refineries and resells the fuel to seasoned fuel Dealers servicing major clients. The investment in refined fuels are primarily in various grades of JP54, Diesel, and Gasoline for servicing the European, North, Central and South America markets. Fuels are contracted on the basis of FOB, CIF or other negotiated terms, strictly under INCOTERM and ICC rules and guidelines. RRGI must be the principal in all transactions.
RRGI will invest in precious metal opportunities requiring capital for development, capital equipment and working capital. The company does not purchase mining claims, but rather invest in the opportunities requiring capital. The company invests in precious metal concentrates through sale and purchase agreements for specific quantities that meet certain delivery specifications. The sale and purchase agreements generally involve a bank guarantee to insure payment.