This is exactly how an Appendix 4c should be, clear and concise and very informative.....
Highlights for me include:
- China strategy is already accelerated with the strategic alliance with RWL Water (the tone in this suggest everything on track or even ahead of scheduled according to timelines)
- By offering packaged plant solutions EMC anticipates accessing a larger share of revenue (plug and play capability and reduces the need for site based works, imo should lead to quicker sales as complexity is greatly reduced) remember RWL is an expert in high quality packaged plant solutions!
- reference site being established for SUBRE being the submerged version of MABR tech (this opens up markets for larger centralized traditional plants)
- Ethiopian plant construction well under way with US $200,000 received on April 12 representing 50% progress payment (note this will show up in cash receipts in the June qtr)
So in conclusion all the correct foundations are being prepared for some serious serious growth.....
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