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2.5¢ phoslock environmental technologies limited

Ann: New Large Project in Wuhan, China, page-36

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Georgepiero

93 Posts.

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01/10/19

11:19

Post #: 40659341
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Originally posted by Mr Punter: ↑

A couple things with this announcement...

East Lake is 3,362ha. At 6t/ha application (same as Xingyun Lake) and a $3,000/t sales price, contract should be worth $60.5m in total. Time frame will likely be 5 years with perhaps 50% of annual volumes in year 1 and then a full run rate thereafter.

Most important thing is that this is NOT one of the two Chinese trials recently announced by the company. This is a separate opportunity so the other two may still result in additional contracts.

Hope this helps!

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Mr Punter, again good insight.

I noticed the company only used the term "LARGE", not "VERY LARGE" which was used to describe xingyun lake. So I think it's reasonable to assume this is a smaller application then xingyun lake.

PET Price at posting: $1.43 Sentiment: Hold Disclosure: Held
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0 Great analysis

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