PET 0.00% 2.5¢ phoslock environmental technologies limited

Just an observation from surveying the literature and reports. I...

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  1. 1,116 Posts.
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    Just an observation from surveying the literature and reports.
    I don't think that we can expect that the pipeline previously indicated in annual reports will develop in the same way that we thought it would. Methods of dealing with algae have moved on. The authorities in the major areas of outbreaks such as China, Canada, Northern USA other regions are looking at long-term strategies of phosphorus and nitrogen reduction thru farming and community initiatives (though not new). Whilst self-regulation is a slow and frustrating effort it will get some results. Likewise we are seeing different methods for using Phoslock . Rather than spraying a slurry of phoslock over a certain acreage we are seeing more cleverer application techniques. These look like they are more pin-pointed at inlet areas in a waterbody where nutrients are in excess and in long term slow dispersal of the slurry thru pumping stations. The recently announced contract in China would seem to indicate the more sophisticated engineering approach to the application of the product as would the increase in specialist staff that we are seeing in the China division. This will not mean less product, it will mean working smarter, with greater effect for the environment and enhanced reputation for the company.
 
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