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20:49
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Originally posted by Dianna:
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#geoffo seems to have a good understanding of the mechanics of how contracts and business growth is unfolding. Perhaps there has been misunderstandings recently. My understanding is that the Multifold increase has indeed occurred as indicated in that announcement, and will be applied in significant quantities and in stages for years to come which was indeed a significantly positive announcement. As the company has repeated, it happens in stages. In other words, not only is the engineering division significantly expanding with recurring, ongoing and new maintanence work, but PET continues to also significantly expand its geographical application area of phoslock and soon to be, growing suite of products. In plain English, they are creating growing ANNUITIES!!! This is very, very good. That's why your seeing operational revenue at least double next year as it has done this year, & so on into the future and thats, not including, 'anticipated' new projects. This is my understanding and hope this makes things clearer... DYOR
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Revenue doubling next year as well as this year? Where do you get those numbers from? Revenue is not doubling this year, even if you believe the forecasts which they have never delivered on. We have no forecasts at all for next year.
(20min delay)