EDE 100% 0.2¢ eden innovations ltd

A different view, page-5

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    Poyndexter. "The specialist concrete mix market is not the market currently being developed for road maintenance in America. Imo, the two markets are completely synergistic and both can be considered in parallel rather than in sequence.".

    Bang on IMO. Eden focused on GDOT because they thought they had insider help. This is well accepted by most here. Eden need to focus on where their product provides value to the contractor and asset owner. I would add to your post that even if EC adds 1.25% cost (so $10/m3) on these projects, the asset owner may be more than happy to pay the extra $15m to add extra certainty that the structure does not prematurely degrade.

    The problem here is $$$. To start gaining significant orders in this market we are looking at another year or two as mixes are developed and tested. Small orders are placed and assessed compared to other mix designs. By the time this is completed we are looking at another capital raise or two which further dilutes the register.
 
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