Going on the first few minutes of the presentation I agree. Roughly rewritten in the first paragraph below
No longer something new on the market , highly reliable, automated, sufficient data collected to launch an analytics service to plant operators.
235 plants sold
Clear evidence for a period of years in many cases, that we can deliver very high quality waste water treatment, we can do it at extremely low energy use, and extremely low cost.
Ample evidence that it works in many different geographies, temperatures and size ranges.
The presentation is information dense, but these are key points for me
Partners are the gearing mechanism, cluster orders in discussion, two new Chinese national SOEs in partnership discussion, selling potentially dozens of plants in multiple locations.
Political pressure from the top in China, (to catch up implementation of, the 5 year plans missed targets) is stimulating the finance flow that will see projects initiated. Central government pressure also showing in the Philippines and Cambodia.
FLC are the clearly dominant provider in this space having sold 235 plants v the competitions 12..
Refocusing on providing RASS model, very high margin for FLC, whilst delivering 50% savings in water treatment and supply to customers.
News flow over the next weeks and months to cover, new partners, bulk sales, new analytics service
The confluence of proof, finance, focus and demand is going to make for an interesting future. Hoping for a little affluence.
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Going on the first few minutes of the presentation I agree....
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