revaluation

We now have at least one likely (released) figure that will be born out within the next couple of years.

Sales of 1 million membranes would provide a conservative estimate of $500K profit (expectation of 50c profit per membrane on a cost of $1).

That on its own equates ot 7.5 - 10 mil in market capitalisation, with the increased capability to market into large order markets.

Depending upon who's on board, there is the possibility of huge growth in China. The country is mindblowingly vast, with many cities with a larger population than Melbourne or Sydney which no-one you know has ever heard of before.

With a standing army of over 2 million people and a paramilitary (police) force of over 1 million, these markets alone could account for a huge number of sales.

It all comes down to whether SiYi has the right governmental contacts, and something tells me that HGR would not have entered into a 25 year deal without ensuring they were the right group for the job!