Upgrade of TDU to process contaminated soils could boost annualized revenues by 100-200% IF you run thru the list and start pencilling in spec numbers i.e. upgrade of Port Headland another +100%.
Seems like they are also chasing a lot of new business and looking at New Zealand. IMHO 10cents is very reasonable at this stage. Next year maybe double that figure. Also a lot of blue sky in working patents that has not been discussed i.e. several years ago ran successful trials sponsored by WA Government to extract hydrocarbons from scrap tires. This may be world class technology in the making. Adding all of this together and the current price of 5 cents is a steal.
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