Ann: Morgan Stanley Conference Presentation, page-23

Uncanny how accurate PHK / PET forecasts have been. "Thecompany is building a business in which it expects near term sales of3000-5000 tons and over the longer term 20,000-30,000 tons generating salesrevenue in the A$40M-A$60M range and EBIT of A$15M-A$25M. The companyhas invested heavily in the commercialisation of Phoslock and expects toquickly recoup this investment as the Phoslock business grows in the coretarget areas. Project pipeline remains significant with a number of largeapplications scheduled to be undertaken during the next six months. Success inthese projects will be the catalyst to establishing these markets assignificant revenue earners." (from 2008 Financial report).Yep 11 years ago. But let's ban short sellers. Maybe HC should have short button.