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Further clarification on Revenue Projections!

  1. Further clarification on revenue forecasts!

    The previous information posted on share price estimates were drawn from more recent information, where as the revenue forecasts were dated from the time of the ASSIRT Equities report! The missing ingredient was the REC factor. The REC's (Renewable Energy Credits) are worth as much as the price of electricity and there for double the figures.

    See http://www.orer.gov.au

    Another thing to note. Envirostar don't need to look for a market.. they have already signed Power Purchase Agreements with Energy Australia for the 5MW plant (QLD) the 20 MW plant (QLD) and the 20MW plant in Morwell Victoria!

    Other info below to back up the above!

    Additional Link of interest> http://www.greenhouse.gov.au/renewable/reis/


    ENVIROSTAR ENERGY LIMITED 2002-03-21 ASX-SIGNAL-G

    HOMEX - Sydney

    +++++++++++++++++++++++++
    The Directors are pleased to announce that EnviroStar Energy is now
    registered on the Renewable Energy Certificate (RFC) Registry with
    the Office of Renewable Energy Regulator (ORER) in Canberra.

    For further information, please contact James Kwok, Managing
    Director, via the communication points shown below.

    Telephone Number: (02) 9232 0788
    Facsimile Number: (02) 9232 0799
    Email address: [email protected]
    Web Site: www.envirostar.com.au

    J Kwok
    MANAGING DIRECTOR


    ENVIROSTAR ENERGY LIMITED 2001-10-26 ASX-SIGNAL-G

    HOMEX - Sydney

    +++++++++++++++++++++++++
    The Board of EnviroStar Energy Limited is pleased to announce the
    signing of two Power Purchase Agreements with Energy Australia for
    EnviroStar's Green Energy 20MW facilities at Stapylton (QLD) and
    Morwell (VIC). The signing of the Agreements is in addition to the
    previous Power Purchase Agreement signed for the 5MW STG Plant at
    Stapylton, which is in its full construction phase.

    The combined Power Purchase Agreements represent the largest
    renewable green waste to energy facilities to be constructed in
    Australia and the first green energy facilities to be constructed
    utilising only household green waste from council tips thereby giving
    full accreditation for Renewable Energy Certificates (REC's) and
    Carbon Emission trading in the future.

    The plants have also received full Green Power Accreditations from
    the Sustainable Energy Development Authority (SEDA) of the New South
    Wales Government.

    The board is also pleased to announce that large proportions of the
    plants are currently being fabricated and manufactured in NSW, giving
    economic stimulus and employment in regional Australia.

    As a result, EnviroStar is on track to deliver its five-year
    financial forecast with the initial revenue of $26.5M per annum as a
    result of the Power Purchase Agreements signed today.

    For further information, please contact James Kwok, the Managing
    Director, via the communication points shown below.

    Telephone Number: (02) 9232 0788

    Facsimile Number: (02) 9232 0799

    Email address: [email protected]

    Web Site: www.envirostar.com.au

    J Kwok
    MANAGING DIRECTOR



    ENVIROSTAR ENERGY LIMITED 2001-11-02 ASX-SIGNAL-G

    HOMEX - Sydney

    +++++++++++++++++++++++++
    The Board of EnviroStar Energy Limited is pleased to confirm the
    signing of long-term Power Purchase Agreements for a 5MW and two 20MW
    green waste to energy facilities in Queensland and Victoria with
    Energy Australia. The value of the Power Purchase Agreements for a
    total of 45MW equates to $260 Million in revenue with revenue
    generation to begin in the first quarter of 2002.

    Energex Limited have agreed to the Interconnection Works for the 5MW
    and 20MW green waste to energy facilities in Stapylton, Queensland
    and TXU have agreed for the Interconnection Works for the 20MW green
    waste to energy facility on Morwell, Victoria.

    For further information, please contact James Kwok, the Managing
    Director, via the communication points shown below.

    Telephone Number: (02) 9232 0788
    Facsimile Number: (02) 9232 0799
    Email address: [email protected]
    Web Site: www.envirostar.com.au

    J Kwok
    MANAGING DIRECTOR

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