next breakout, page-15

Hi all
Great report today, good to see a bit more detail. The breakdown of the units are interesting the contracting and remediation unit looks to be a main driver for the growth.

Six weeks ago they increased the forecast from $15m to $18.5m and now another $3.5m increase in forecast to $22m, wonder if we will get another increase in forecast in another couple of months.

With this increase the unit cost per ton should be coming down which will help with tendering of other work so a bit of a snowball effect could happen with more people looking at phoslock than alum

Not expecting miracles this quarter, anything over $2m I will be rapped, sounds like most of the $7m will be done next quarter.

Once the money flowing in a people can see this is real more investors will be interested in phk by the end of Jan i would expect sp to be in the 30s.

Thanks
Mickem