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2.5¢ phoslock environmental technologies limited

Excellent announcement

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Holmesearth01

7,499 Posts.

379

01/07/19

20:19

Post #: 39323974
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Originally posted by clotski: ↑

This has to be one of the best announcements I’ve ever seen from a share I’ve already held… well done Laurence and team!

>>Chairman Laurence Freedman AM stated:“This is a further huge milestone in the development of the Company;the Xingyun project has, in short order, transformed from treating a large, 34sqkm lake to its 371 sqkm catchment area. When the project is in full swing, we will be applying Phoslock ® to not only Xingyun Lake, but to 14 rivers and waterways from the very large Fuxian Lake and dozens of upstream reservoirs in the catchment basin. This project alone will take many years and involve very large tonnages of Phoslock ®. We are currently reviewing corporate expansion plans and alternatives to significantly increase Phoslock ® production.My congratulations to every one of our dedicated team of PET specialists who have, together, succeeded to a level only dreamed of until recently and which will now open many more doors for us all over the world.”

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Excellent announcement

PET Price at posting: $1.09 Sentiment: Buy Disclosure: Held
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