It is hard to put a limit on this company's potential given the world is gripped by climate change fear and water conservation is becoming an urgent priority in many areas of the world. Initial trials proved highly effective and now distribution is getting into full swing. The company predicts EBIT of $11 Million for 2010/2011 but If sales gain traction, this could be easily exceeded. Sales to the australian market alone will likely surprise on the upside given the climate problems we are now encountering. I think this company may be in the enviable position of struggling to keep up with demand once the media catch on to this. With US UL approval likely this month, I think things may start to edge up quite quickly
ISK Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held