PET 0.00% 2.5¢ phoslock environmental technologies limited

News: PET Phoslock Environmental Technologies Confirms New Contracts &Project Extensions, page-4

  1. 362 Posts.
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    Hi all,

    one thing about PET is that on value it does look expensive. When they tender for a project and submit a price to treat a water body many governing bodies balk at it and then go for a substandard dosing level.
    I would say they arnt valuing the cost of fresh water correctly, not that I've done any calculations specifically as it seems obvious to me.
    However as with global warming and problematic algal blooms increasing, this decision will be taken away from them and they will have no other choice. If they are smart enough not to go for fake imitations or toxic solutions.
    I certainly welcome a financial assessment as I am sure we have a product that is extremely valuable and viable once all direct and indirect costs are taken into account.. like no one wants to live next to a toxic lake that could kills you or at least your dog as an extreme example.
 
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