A MOU to build a commercial scale pilot plant in Saudi...

A MOU to build a commercial scale pilot plant in Saudi Arabia...yield SALES of 20 - 40,000 cubic metre of water in 2nd half of 2013. Supply agreement signed by yearend(2012) ? Come on. Lets get it done.

Does a Memorandum Of Understanding mean anything ?

As u say, hope it is still in negotiation phase. Hope the negotiations havent broken down and certainly hope it wasn't a big furfy in the first place.

Then the same for Mandala Water in India. Another plan supposed to come to fruition by end of year 2012.

The www.siww.com.sg site has so much about mega deals being done in desal. Maybe our offering is just a bit too small. 40,000 cubic metres is 4million litres.
Deals for 10,50,100,200 million litres per day are being done. Maybe only the big boys wanting alot of water are in the market for desal and the community based systems dont have a customer base with money for such an investment.

Just going to have to wait and see and hope and pray and wish and dream and worry and curse ... and wait and see and hope and ...

Just picked up another block of shares. Its all or nothing now. I am either a fool or a genius. Time will tell.