PET 0.00% 2.5¢ phoslock environmental technologies limited

To All I think this is really a great announcement and the...

  1. 381 Posts.
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    To All

    I think this is really a great announcement and the foundation for the future of Phoslock. The key points to take away are
    1) they now have volume sales and this will lead to follow on applications to maintain the environment for these major water bodies.
    2) they control the manufacturing process and can scale volume which will drive profitability
    3) they now also have multiple product lines that will compliment each other
    4) they have a strong team of expertise in the people now employed
    5) they have inside running in China via their JV partner who has now demonstrated they can drive business and sales.
    6) they will have true and meaningful reference points and government approval so the domino's should fall
    7) Finally they are also now rapidly growing the international market as well

    My forecast is extremely positive but I can assure you it have been a long wait and many nervous nights to get to this point as I have supported PHK for over 10 Years.
 
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