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Re: EDWARD STEVENSON post# 638

Thursday, 07/23/2009 9:53:17 PM

Thursday, July 23, 2009 9:53:17 PM

Post# of 9501
Part 3 | Interview with Mr. Jordan Oxley, President of Sunbay Energy Corp.

Q: What major milestones lie ahead of the day when Sunbay Port Hope begins operating?

A: The Permitting is a process of 9 - 12 months. The project financing should kick in during that period. The construction period is generally 12 - 18 months, which embodies in itself commissioning, including phasing and finally start-up. We are aiming for a late 2010 start-up. Due to the conservative size of this power plant, we are able to execute quicker than a traditional 'coal' or 'nuclear' power plant.

Q: What role does the Mayor of Port Hope play in this project.

A: The support we have received from the Mayor ensures that permitting for zone and construction permits. With the support of the city of Port Hope we have found an ideal location near the CN railroad and other major transportation routes. The idea behind our project is making the city aware. Their support is not going to yield us anymore revenue than our contracts will ensure, but raising awareness in the community where an intelligent long-term solution to ongoing concerns in being built in very important to us. Plasma Gasification solely solves waste management issues as well as environmental concerns. As Canadians, we have an obligation under the Kyoto Protocol which we are struggling to meet. The government has not made any strong initiatives in ensuring that the Kyoto Protocol greenhouse gas emission levels are met. Therefore I anticipate that this sector will continue rapidly expanding as people grow aware of solutions such as plasma gasification.

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