I don't think anyone here disagrees with the potential this product has in the greater concrete market. But my biggest concern is our lack of ability to gain the necessary approvals to sell Type A and/or Type D admixtures in line with operation of the new commercial plant. I believe Type S (also only 24h) admixture market is not that large compared to the noted A/D. I cannot see selling 40000 gallons per week just for Type-s 24h only.
Don't get me wrong, it was a huge step to even get the Type-S 24h admixture approvals but I think the output from the plant will be far greater for the limited scope of applications we are approved for use.
Add to this we also need to get DOT approved contractors to use the stuff.
To overcome both of those concerns we need time. This where the real dilution of shares become a concern for astute investors with potential CR required for operation. If we are struggling to sell the product other credit facilities are going to be hard to source either. Lynas Corp is a sad example of this in the recent times.
Patiently waiting to see where this is heading!
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