EDE 33.3% 0.2¢ eden innovations ltd

unusually quiet, page-44

  1. 36 Posts.
    I actually believe the opposite. Most of the focus is on the tests because that's the only major hurdle they have to get past right now. You should only be focused on these test results and Eden ramping up production quickly to meet probable future demands. You can start harping on about orders after the results are done and dusted and they have a fully tested product behind them (Final test results due Q4 2016 IIRC.)

    Would I love news of early orders? Hell yes, but I wouldn't be shocked if nobody is willing to take the jump until the tests are near completion/completed.

    I have a strong belief in the product and its massive potential. IMO it's not a matter of whether they will get commercial orders or not, but when. They already have a strong backing by the GDOT and if the product is everything that they say it is, their only problem will be trying to keep up with demand.

    I couldn't find solid information regarding the total global market for concrete but if I recall seeing somewhere once that it was over $900 Billion! I did manage to find out a little bit of info on the global cement market however and it appears to be steadily growing (To clarify, although the terms cement and concrete often are used interchangeably, cement is actually just an ingredient of concrete.) Conservative estimates currently place the global cement market at $394 Billion ($545 Billion AUD) which marks a 66% increase since 2011.

    You only have to look at the cement market to give you a clue that the concrete market is enormous. This means that they only need to capture a mere fraction of a percent of the entire concrete market over the next several years to start generating billions in revenue. They have a vastly superior product to anything currently available on the market that boasts a cheaper initial cost and is actually cheaper to maintain. I find it difficult not to get hyped at the prospect. Starting Q1 2017 Colorado stage 2 will be complete and they'll be looking at $50-$62m p.a. revenue. Get hyped boys!
 
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