Just reiterate from today’s update, the 4 MABR sale to Ream City is the first of more than 40 other water projects there, which includes water reuse and desalination. This seems to be a pilot on Aspiral with each averaging $70k. I think we can expect very much more as Ream City is planned for 120k population, which equates to 35,000 households. That would required about 300 Aspirals of 100m3/d treatment capacity roughly, or perhaps more.
Will this be a biggie? Prob no, as the 300 plus units will be spread over 12 years, for about $25m in total. However, the life span of Aspirals could be 15-20 years, so that may become a recurring revenue in the long run.
FLC Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
