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0.2¢ eden innovations ltd

The only meaningful sales are GDOT and CDOT trials after five...

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PigsMightFly

7,705 Posts.

2797

07/08/21

18:09

Post #: 55110942
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Originally posted by Crystaltrade: ↑

Sika threatened to take away their bulk discount if they used EdenCrete?

No idea actually. But not every trial will result in usage and there is no way to determine cause, let alone put it down to product deficiency in light of subsequent uptake. Remember the announcement about Breckenridge that was rescinded because of just such a scenario? EdenCrete has been used by them since anyway.

Here we have real testimonials from consumers, with strong hints of customers to come, ie mining and tunnelling usage.

We have a cost analysis from the I-70 project of a saving of $3/Yd3 for materials alone without even taking into account the reduced wear/petrol/time/wastage. EdenCrete has found a niche of economic and numerous attribute advantage and there is no reason to be doubtful that it will not continue it's growth pattern. Especially with such quality targeted advertising.

Nicely done EDE.

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The only meaningful sales are GDOT and CDOT trials after five years. The product is making almost zero progress (sales actually fell last FY). So it is pointless to keep spinning the myth that Edencrete is succeeding. It has been an unmitigated commercial failure by any sensible metric.

EDE Price at posting: 2.6¢ Sentiment: Sell Disclosure: Not Held
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