Pacific American Coal Limited (PAK, formerly Metals Finance Limited) is to focus to deliver high value metallurgical coal opportunities in the Unites states of America and Canada.
Market Cap$13.90M
Shares Outstanding141.8M
Impending News re Imagine Intelligent Materials,
of which PAK owns 40%.
Expected first revenue announcement due first 1/4 2017.
This ann. will herald the transition from a reasearcher / developer
to a producer and supplier.
From the December 2016 Ann ;
Sales In early November we held a further field trial to test our first product release – imgne® X3. This enabled Geofabrics, our licensee for the product in Australia and New Zealand, to invite a number of their customers and give them a preview.
It went without a hitch, and created a lot of buzz with the attendees. I feel confident that as a result of this field trial, and the feedback that we received, that this product will establish itself in the market and that we will receive additional orders for imgne X3 after the first installation takes place during the latter part of January/early February 2017.
I fell confident we will receive orders for at least 100,000 m2 of bidim® with imgne® X3 during 2017 and that in the following calendar year this will double. This will position us well to break into international markets during the next 2 years. And the point here is that Australia represents only a small fraction of the potential global market that we are aiming for with this one product alone.
