I'm looking at the 25/05/2020 announcement:re Phoslock Environmental Technologies –2020 Annual General Meeting Phoslock Environmental Technologies – 2:00pm Monday 25thMay 2020 , Virtual
My original purpose is to identify what revenues are coming from China and other international projects. On p34 a 2020 breakdown suggest China has 80% of the revenue:Forecast2020 : $50-$70m Sales 34
ChinaProjects: $40m-$55m – Forecast Maintained
XingyunLakes & Catchment – circa $10-15mo
ShilongbaReservoir – circa $20mo
DianchiCatchment Area – Government approved trail , May 2020 o
BeijingCanals – Maintenance – circa $2mo
BeijingWetland – Maintenance – circa $2mo
20Other Projects in China: Rangeof 3,000 to 6,000 tons - $9mto $18mo
(80%Chinese Government Customers , 20% subcontracting)
InternationalProjects: ~$10m – range reduced- Business likely to beimpacted by CV19oExistingCustomer Projects: 10 customers –approx2,000 tons -$6mo
NewCustomer Projects: 14 projects –rangeof 1,500 to 3,000 tons - $4.5m - $9m
Now notwithstanding the shock of the Chinese accounting investigation, we really need China to stay open for PET, esp in 2021.
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China holds 80% of PET's forecast revenue.
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