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Friday, 08/31/2012 5:59:37 AM

Friday, August 31, 2012 5:59:37 AM

Post# of 134
H1 Preliminary Report out: http://www.asx.com.au/asxpdf/20120831/pdf/428f1t6r49ks26.pdf

Review of Operations
During the past year, EnviroMission has continued development activity in the US, with the Phoenix office managing EnviroMission's activities at LaPaz. This has involved site work, environmental activity, aerial surveys, desk top geotechnical study filed with the federal aviation authority, completed a critical impact analysis, water analysis, and other related developmental activities.

Project finance discussions are ongoing with bank to bank, and to bank to lawyer negotiations underway. The financing structure being examined is both innovative and unique and will, if successful, provide 100% project equity and no debt. EnviroMission is currently examining numerous proposals for the development of The Australian Solar Tower concept in other jurisdictions with high expectations of successful negotiations.



Questions that come to mind:
. what are the CapEx and OpEx numbers being used for Tower #1?
. what are the remaining gates to clear for a full GO to break-ground? (financial, environmental, legal, logistical, regulatory)
. expected timeframe to close a deal on financing?
. other jurisdictions where? US, India, Middle East, Australia?
. define "numerous"? 3, 10, more?
. what is the advancement of these other negotiations: what gates will be required there, and can EVM leverage the existing financing vehicle to support these other projects if they start?

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