1. Delays in some China projects due travel restrictions being enforced in local areas and floods delaying civil work. 2. Hope that FLC will be involved with local partners/joint ventures in Egypt $2.8 billion towards 48 plants. 3. FLC increasing geographical reach and excited about South East Asia and increasing resources into this region. Hopeful for addition contracts once Covid 19 comes under control (good luck) 4. Excited about the overall potential in Africa with millions of people seeking fresh drinking water. 5. FLC hope to announce a new partner outside China in near future (Middle East) ?????? 6.Puru when completed with bring in $3 million per year over 10 years. Covid 19 creating delays in this project. 7.Henry emphasised that "both parties are interested and demand that IC project gets done" asap.
Did I also hear that FLC expect an outcome regarding negotiations on SQ within the next week or so?????
Hope I heard these comments correctly and always happy for anyone to correct or clarify.
Good onya FLC Henry and team, difficult times but great possibilities. IMO
FLC Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
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