New newing report is out, page-7

Hi all
that read well, we are lucky to have someone like Newing piecing it all together for us. Was surprised to hear the capacity constraints, i thought the new water plant was more for adding the second and third production lines. If we have 2500 tons of ready product plus what is produced in the current 2 months until the water system sorted I would say that's enough for the current quarter until production cranks up and we can build the inventory levels again. As Newing alluded to until me get more updates future figures are really up in the air, even Newing figures for xingyuan vary from $30m to $60m next year. Does that work in the south start to make strong contributions? So many variables

Was also surprised for the figure of $11 b over 5 years on the 9 lakes, the figure I had seen before was $750m each year for 5 years so it sounds as if the budget 3 times more than I thought, a lot of this money will go toward the infrastructure, piping feeding into the lakes etc but as Newing says if we can capture 10% of the budget thats huge dallors

the main pionts that I see are, these water bodies all over the world aren't fixing themselves, blooms only seem to be getting worst and more frequent, there seems to be more of a willingness or recognition from governments the need to fix them and PEt is perfectly placed to capitalise on this market.

all the best very intresting few months ahead on so many fronts

thanks
mickem