New IMH announcement, shows about $11m revenue for IMH in China.
Not bad for a $14m Market Cap company.
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A joint venture company will be formed to commercialise Phoslock in China. It will be known as Yunnan Environmental Technology Company China Limited (“YETCC”). Ownership of YETCC will be as follows: IMT 20% ...
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2003-01-30 ASX-SIGNAL-G
REVENUE
(a) LAKES
The Phoslock treatment will generate revenue of 0.8 RMB per sqm for
large water bodies such as Lakes Luzai and Dianchi. Smaller water
bodies will be calculated case by case. Revenue for the larger lakes
is estimated as follows:
* Lake Luzai RMB 24,000,000 (A$5.2 million)
* Lake Dianchi RMB 240,000,000 (A$ 52.1 million)
IMH
imt holdings limited
