PET-conomics, page-64

Hi King Kev
one thing that might be in our favor are the 10m options at $1.35 expiring on the 30th June . if they want these excised ( $13m worth of reasons plus keeping workers happy) they have 2 quarterlies to get the sp moving. they have started giving more info lately so expect that to continue. they need to paint the going forward picture clearly and get that belief red discussed happening.
that $13m is important in my planning. although we are expecting strong sales and money coming in the bank balance needs to increase , we have this upgrade to pay for and if right on Dainchi another new factory to build within 12 months and i would like funds available in 2021 to pay a dividend ( accumulated tax losses should for been used by then)

we will still need to read between the lines on somethings but hopefully they can spell it out clearly without any more stupid / poor worded reports. still can't get over how poor the announcement on Dainchi was. below is the part i can't understand in bold. what was anything to do with Xingyun in that announcement for ? why was it half way though the announcement ? if they wanted to say anything on Xingyun do it as the last paragraph. and the part current stage completed shortly sounds like the end. could of gone on to say then we are moving onto the lake itself where we are planning 3 boats going

The Dianchi Lake Catchment Area is 2,920 km², with Lake Dianchi being 330 km² (33,000 hectares). Lake Dianchi, is some ten times the size of
Xingyun lake and around six times larger than Sydney Harbour.

PET China is currently applying 3,300 tons of Phoslock® to Xingyun’s river channels and wetlands. This current stage of the Xingyun project should be completed by or shortly after, the end of 2019.

Commissioned by the Dianchi Lake Authority,

thanks
mickem