EnviroMission Ltd. (EVOMY)

[joboggi]

You missed the Nov 20 report, which as far as I know was NOT put on the email distribution list.

At any rate, they NO LONGER HAVE A buyer for the energy. The jumble of words at the end of the release is not intelligible, in my estimation. I emailed the company about this last night.

http://www.enviromission.com.au/EVM/Company/ShowPage.aspx/PDFs/1377-82467769/SCPPAPowerPurchaseAgreementUpdate

"“The exit from the PPA does not in any way prevent EnviroMission from resubmitting to any
future SCPPA RFPs for renewable energy, however it does now provide EnviroMission with
additional options to meet those interests expressed by the project financier in the environmental
credits and ownership of the project, that have to this point in time, been outside the scope of the
financial negotiation,” Mr Davey said.

I just read the Nov 20 release. What on earth does this mean?

So here are specific questions.

Are they still building the project?

Who is going to buy the power from the project?

Why have they not named the "project financier" as they promised to do in Jan of 2012.

"
it does now provide EnviroMission with
additional options to meet those interests expressed by the project financier in the environmental
credits and ownership of the project, that have to this point in time, been outside the scope of the
financial negotiation,” Mr Davey said."

What does this mean? "

That is my copied email.