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2.5¢ phoslock environmental technologies limited

Ann: Macquarie Bank Conference Presentation, page-5

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26/11/19

14:57

Post #: 41639589
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Originally posted by Georgepiero: ↑

Compared with the Morgan Stanley presentation published on 24 Oct 2019, here what I have noticed

FY2020 Phoslock sales forecast revised from the range of 10,000-15,000 tons to the range of 10,000-20,000 tons
The company gives a figure to the 2nd Yunnan lake - 1000 tons commencing Dec 2019/ Q1 2020 and no longer use the word "trial".
There seems to be a new sales/project management offices in Nanjing, so potentially a project in that region.

Also FY2019 forecast Revenue of $27-30m looks more and more likely as we get closer to the end of the year.

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Noticed that George, but at least for now punters seem unimpressed. Down to $0.915

Best thing for now would be for all short sold shares lent out to be called back.

Cheers
PET Price at posting: 91.5¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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