Water tech company Fluence Corp (FLC) has this morning announced that it has won an US $8.5M contract from the Cambodian Government’s Ministry of Land Management, Urban Planning and Construction, to build a third SUBRE plant using MABR technology in Sihanoukville, Cambodia.It will be the companies largest MABR plant to date and will treat wastewater for 160,000 people.
Above mention by Foster Stockbroking on their Morning Notes. Thanks to @jamesc666 who brought it to my attention as I am not on the brokers' list in Australia. It is a blurb of a mention but coverage starts with small steps.
Absolutely agree with @stockrock. This will not get picked up until cash flow and consistent NPAT is assured and evident. Getting the rock to budge was a hard push in the initial years. But now, it is beginning to move out of inertia. When is it going to roll along? When 280 plants start to generate consistent data that MABR delivers good results and address all concerns of greenwashing.
Again thanks to @jamesc666 who responded to my earlier remarks. WEFTEC is happening 19th Oct. It is beginning to look at WaaS and other investment options in the US. See this link to https://www.linkedin.com/feed/update/activity:6852052568672235520/. Coincidence to Richard's constant reference to WaaS? Not sure. But it sure tells me that FLC is moving forward.
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Water tech company Fluence Corp (FLC) has this morning announced...
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