Hi Sail,
Yes they do have some excellent technology. Unfortunately many of the water projects were government funded which has reduced their bottom line for this financial year. Of course that was coupled with a reduction in the spending of companies on environmental projects.
They have built a pilot plat for Paladin if you wanted to look into that. This was to demonstrate their mineral extraction technology.
Hopefully they can turn it around this year and execute an earnings accretive acquisiiton and increase the number of projects on their books.
Dan
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