Chart, page-889

First 889 Last

Share
Profile

Follow
ozgem

8,931 Posts.

64

15/10/23

12:24

Post #: 70351484
Share

Originally posted by stockrock: ↑

I recall a few years back when the US market entry seemed a long time away and we had all our eggs in China for SPS… IMO the current share price reflects how the opportunity in China has stalled… and has yet to price in the momentum that is building in the US.

with a very modest sales force, they are working on a pipeline of $50m in the US municipality segment. From a standing start in Jan, to actively pitching for $50m worth of sales is very encouraging.

while many were sucked into this stock due to promise of China’s 5 year plan that promised billions of funding into the water market there… we now know laws and regulations are worthless unless they are enforced.

so when we are presented with a similar scenario in the US where bills are passed promising billions of tax credits for those who invest in waste to energy projects, coupled with regulations requiring stricter waste management … I place a lot more faith in the US following through with real contracts and work..

they are working with JBS foods to build out a template for a $10m waste to energy project for one of their slatugher houses, which if successful will be a blueprint to roll out to the other 40 sites they have in the US.

is that a $400m opportunity over the next several years, with just one customer in the US?

the Ivory Coast has paid the bills for the past couple years, and they are due to announce substantial completion in the next couple weeks… with an extra $50m earned over the next couple years, and I hope a $10 recurring revenue contract.. which if they get that $10m BOOT signed as well in the next couple months… could see a baseline $25m in recurring revenue for the next 10-15 years (including what they already have now) at around 30% margin.

still a waiting game, but I can actually see the aircraft carrier turning and it’s going in the right direction.

goodluck all

Expand

Couldn't agree more about China comments. How many stocks have you seen suffer the China syndrome. Big promise of infiltrating a massive market and delivered zilch. then suffer the China hangover for a long time to come.

FLC Price at posting: 16.5¢ Sentiment: None Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

DTM

Dart on-target for high-grade structures and multiple reefs at VIC's Ruthworth

M4M

Macro Metals picks up 80% in Firebird's manganese plays; mining services operations to launch if decision to mine passed

Pilot Energy awarded $6.5M in govt funding for Mid West Clean Energy Project

ITM

iTech Minerals flags high-grade rockchip finds, boasting one sample at +18% copper. What lies underground remains to be seen

ARU

Arafura updates on total US$1B funding as export banks and lenders take notice; heading toward FID for Nolans

There are more pages in this discussion • 185 more messages in this thread...

First 889 Last

Add FLC (ASX) to my watchlist

(20min delay)
Last 12.5¢		Change 0.005(4.17%)		Mkt cap ! $140.5M

Open	High	Low	Value	Volume
12.0¢	13.0¢	12.0¢	$84.54K	663.4K

Buyers (Bids)

No.	Vol.	Price($)
1	2193	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	116941	6

View Market Depth

No.	Vol.	Price($)
1	2193	0.125
3	63270	0.120
3	74884	0.115
6	426167	0.110
3	242000	0.100

Price($)	Vol.	No.
0.130	116941	6
0.135	50000	1
0.140	168092	5
0.145	220000	4
0.150	224000	3

Last trade - 12.58pm 23/07/2024 (20 minute delay)

FLC (ASX) Chart

Chart, page-889

Dart on-target for high-grade structures and multiple reefs at VIC's Ruthworth

Macro Metals picks up 80% in Firebird's manganese plays; mining services operations to launch if decision to mine passed

Pilot Energy awarded $6.5M in govt funding for Mid West Clean Energy Project

iTech Minerals flags high-grade rockchip finds, boasting one sample at +18% copper. What lies underground remains to be seen

Arafura updates on total US$1B funding as export banks and lenders take notice; heading toward FID for Nolans

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Chart, page-889

Top Stories

Dart on-target for high-grade structures and multiple reefs at VIC's Ruthworth

Macro Metals picks up 80% in Firebird's manganese plays; mining services operations to launch if decision to mine passed

Pilot Energy awarded $6.5M in govt funding for Mid West Clean Energy Project

iTech Minerals flags high-grade rockchip finds, boasting one sample at +18% copper. What lies underground remains to be seen

Arafura updates on total US$1B funding as export banks and lenders take notice; heading toward FID for Nolans

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News