PET 0.00% 2.5¢ phoslock environmental technologies limited

Ann: Major Chinese Lake Project, page-182

  1. 3,627 Posts.
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    Hi,

    Yes it is for same lake. The May announcement said that they are applying Phoslock to the value of $1m for the May month on a section of the lake. The trial will be evaluated in early June and if successful (that seems to be the case here as tender was issued on 17th June) then negotiations will take place for regular monthly dosage of $1m or more to treat the whole lake. The estimation was that it will take 5 years at the rate of $1m per month application of Phoslock. All of us are now keen to know if the application approved is for $1m or something like $2 to $3m per month.
    Truly exciting times ahead.
 
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