How long will it take? Water is a regulated sector, especially in the USA. Anything that is well regulated takes a lot of time for change.
The upside is that regulations poses as a moat for incumbents. The previous application, MBR, is still being used after 20 odd years. MABR will likely experience the same life cycle. Traction takes time.
FLC Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
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