Patented organic waste treatment technology will revolutionize the industry worldwide.
The advantage over existing methods is that ORT's patented "DICOM" process of converting organic waste to biogas & energy is achieved in a single vessel/process in lieu of 2 seperate processes currently used by its competitors thereby reducing the cost of the plant & reducing the land area required. The current technology requires that the plant is built at the landfill site because of the large plant footprint involved. ORT's plant can be retrofitted at the waste transfer stations(that is the point where local councils deliver their organic & inorganic materials for collection & delivered to the landfill site) Therein lies another financial advantage of the ORT technology to the local councils. The extra cartage from the transfer station to the landfill site is not required. ORT's revenue stream is derived from 1)gate fees to process the waste.(20 year $100m contract with the Western Metropolitan regional Councils)surely many more to follow nationally & internationally 2)the sale of bioenergy to the power grid 3)the sale of residential & agricultural grade compost 4)the sale of carbon credits 5)the sale of recyclable materials
It seems the majority of ORT's revenue will be derived from the government sector however it also has application in the commercial public sector.
Perpetual Infrastructure funds recently announced heads of agreement with ORT to finance stage 1 of the WMRC project & also participate in future developments is in my opinion the turning point for the company. I truly beive it will be up, up & away from here.
ORT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
