PET 0.00% 2.5¢ phoslock environmental technologies limited

PET-o-RAMA, page-136

  1. 1,424 Posts.
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    Hi SSPPMM
    yes misinterpreted. you are taking about cash receipts and than adding sales (which might not be cash receipts yet). the forecast is for sales not receipts totally different things . sales first half $10.2m we did have $18m receipts in the first half but this was also for sales in the 2018. personally i don't get to wrapped up in the receipts side they always take care of themselves ( no bad debts to worry about) forecast will always be sales based.
    hope that helps,
    ps there should be also about $4m in wetland work this half that would not be much phoslock tons so working that on top of the phoslock sales. the wetland i think was about $6m this year of which i think $2m was booked first half.

    thanks
    mickem
 
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