PET phoslock environmental technologies limited

Massive red flag - revenue, page-20

  1. 854 Posts.
    lightbulb Created with Sketch. 384
    If you don't know what you are talking about, or haven't completed any research then please don't comment; you come across looking a bit silly.

    Phoslock is currently being sold at $3-3500 a tonne. We have been informed that the factory has just been upgraded to produce 15000t per year and that work is underway to make it 20000t... Using some simple maths and half a brain cell, this places a value on the production of Phoslock at $60 to $70 million!

    The planning for a second factory has been referenced by the company in recent reports, I am not going to dig this up for you.

    I just can't see why the company would be increasing production rates or planning a second factory if we are not ready for something significantly big?!

    DYOR but from what I can see, from what I believe to be simple reading between the lines, things look very, very bright.





 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.