PHK always produces positive reports and prospects and it always...

PHK always produces positive reports and prospects and it always looks promising.It is good to see that the last quarter was cash flow positive but this is a long way from been profitable on an annual basis.

there is no doubt a lot of interest but like one of the recent posters showed authorities have not always got the resources [cash] to meet the unquestioned demand for the product.

No doubt the GFC has not helped and only time will tell if this company can maintain profit on a sustainable basis.I certainly hope so as I hold a good number and would love to see share prices return to the 50c mark but I know I must be patient and more patient at least for a couple of more years.

IMHO at these prices PHK is a good speculative buy but i've been thinking that for a long time now.Cant wait for the first really big order which surely must come given the interest although you can be sure that politics will be involved with some authorities having to be seen to at least be talking about doing something.It will depend on how many votes are involved