Hi lenazhucncurrent production at 15k , in report looking to...

Hi lenazhucn
current production at 15k , in report looking to take that to 20k. The current factory can expand out to 45k and they are planning a new factory.

if the factory runs at this 20 k next year ( don't be surprised if that increases) that would suggest $70m in Phoslock sales and then add on extra for other products and engineering let's call it the $80m as forecast in newings last report. If you look at newings figures and change them around to reflect the same margin rate in this last 6 months the eps, profit and Pe start changing quite a bit. With increases in production and the savings that should come with that no reason to see this margin dropping so the profit predictions from newing for 2020 could increase another 25%

thanks
mickem