Ann: Quarterly Activities & Cashflow Reports, page-3

this pricked my ears


"As outlined in recent updates, the Company is exploring the potential application of the iBC®technology with a number of major CSG industry participants. One of the more advanced investigative studies performed during the quarter, involved iBC®based pre-treatment of a CSG derived wastewater sample supplied by a major CSG project operator. Preliminary findings indicated, a wastewater volume reduction of greater than 90% was achievable, with the subsequent integration of the aMES®technology, potentially providing a highly desirable, zero-liquid discharge (ZLD) solution for the client. Whilst the annual net benefit1to the client was initially estimated to be in the order of $4 – 5 million; when taking actual (realistic) disposal costs into account (as provided by the client) – the recurring net benefit to the client is expected to be almost an order of magnitude larger, at over $40 million, annually, highlighting the scale of the opportunities being evaluated by the Company"