PET 0.00% 2.5¢ phoslock environmental technologies limited

Ann: Strategic Sale of Shares, page-57

  1. 1,423 Posts.
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    Hi Bochman
    there is by all accounts 4 lakes
    xingyuan lake and catchment
    2 other lakes much bigger than xingyuan
    and the east lake

    from the company 23/8
    Interest in PET’s China catchment and lake work, along with the recent Chinese Ministry of
    Water Resources certification of Phoslock®
    , has already led to two major trial invitations on
    lakes and catchments projects elsewhere in China. These projects are potentially much larger
    than the southern China project.
    Planning for these trials is underway, with applications
    expected to commence in the next three months

    this from newing 1/10
    In its 23 August update the company alerted us to two further large lake projects, both
    much larger than Xingyun, being progressed through the preliminaries leading up to
    award of contracts, and these remain pending. It would seem from the wording today
    that these could be in the same area as Donghu Lake. As PET said today, the Wuhan
    City’s lakes area is vast, with 68 lakes larger than 1km2
    , most of which have very poor
    water quality. And a perusal of Google Maps (see picture overpage) shows that outside
    the city limits there are a number of lakes much larger than Donghu, all green with
    algae.
    But I am told that these two additional projects are not even in Hubei province

    they have named 2 lakes but not the other two

    thanks
    mickem
 
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