Gold Hill Resources Inc. (fka GULD)

[Rhubarb]

Belo Blato Summary
Supplier VESTAS V52
WTG Numbers 23
WTG Capacity (MW) 0.85
Nominal Power output (MW) – Installed Capacity 19.55
Capacity Factor (estimate) 40%
Full Load Equivalent hours pa (estimate) 3500
Energy Production (GWh) pa 68.43
Diameter (m) 52
Swept area per turbine (m2) 2124
Total Swept area (m2) 48,845
Hub Height 60
Tip Height 86
Cost per MW installed € 850,000
Cost per Turbine including part of SCADA € 722,500
Cost per Swept area (Eur/m2) € 340
Total Turbine price € 16,617,500
Design and Construction cost (estimate) € 1,661,750
Network Study cost (estimate) € 70,000
Grid Connection cost TBD
Service and Maintenance per turbine (Eur/year) € 12,750
Wind Farm Annual Service cost € 293,250
Base Case Scenario
Selling Price (Eur/MWh) € 100
Income for Energy Sales pa € 6,842,500

FINANCIAL
The associated financial projections display a growth map that will see the
installation of 300 MW of wind power by 2013. This is made possible
through the strong political and economic alliances established by GSAE.
Various financial institutions have indicated their interest in financing this
endeavour. There is an emerging manufacturing industry within Serbia
that will be able to service the wind turbine requirements. Three
separate companies fabricate the various components needed to construct
the wind farm – poles, blades, and generators. Discussions to solidify
production timelines are underway.

The Company’s first region designated for construction is South Eastern Europe. Green Star
has identified a tremendous niche opportunity in the Republic of Serbia.

The following pro forma demonstrates the profitability of our initial development; in
addition, it must be noted that these projections do not include the development plan
for other areas in the United States and China.

The potential for expansion, acquisitions, and associations allows for much greater
profitability than the displayed estimates.

2009 2010 2011 2012 2013
Revenues $ 392,646 10,800,951 38,385,794 86,914,255 156,014,728
Expenses $ 1,032,723 6,737,481 19,199,005 26,882,032 44,531,340
Net $ (576,070) 3,657,123 17,268,110 54,029,000 100,335,050

All of this and More Available in The GSAE Strategic Plan

Available for your downloading and Leisure time reading

http://www.greenstarae.com/images/stories/pdf/gsae-strategic_plan.pdf