PET 0.00% 2.5¢ phoslock environmental technologies limited

Ann: Strategic Sale of Shares, page-58

  1. 27,461 Posts.
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    HiBochman
    thereisbyallaccounts4lakes
    xingyuanlakeandcatchment
    2otherlakesmuchbiggerthanxingyuan
    andtheeastlake

    fromthecompany23/8
    InterestinPET’sChinacatchmentandlakework,alongwiththerecentChineseMinistryof
    WaterResourcescertificationofPhoslock®
    ,hasalreadyledtotwomajortrialinvitationson
    lakesandcatchmentsprojectselsewhereinChina.Theseprojectsarepotentiallymuchlarger
    thanthesouthernChinaproject.
    Planningforthesetrialsisunderway,withapplications
    expectedtocommenceinthenextthreemonths

    thisfromnewing1/10
    Inits23Augustupdatethecompanyalertedustotwofurtherlargelakeprojects,both
    muchlargerthanXingyun,beingprogressedthroughthepreliminariesleadingupto
    awardofcontracts,andtheseremainpending.Itwouldseemfromthewordingtoday
    thatthesecouldbeinthesameareaasDonghuLake.AsPETsaidtoday,theWuhan
    City’slakesareaisvast,with68lakeslargerthan1km2
    ,mostofwhichhaveverypoor
    waterquality.AndaperusalofGoogleMaps(seepictureoverpage)showsthatoutside
    thecitylimitsthereareanumberoflakesmuchlargerthanDonghu,allgreenwith
    algae.
    ButIamtoldthatthesetwoadditionalprojectsarenoteveninHubeiprovincetheyhavenamed2lakesbutnottheothertwo

    thanks
    mickem
    "they have named 2 lakes but not the other two"

    This could be why no talk of money costs etc.................all in good time

    Chinese try before you buy style
 
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