What I liked about the story was
Water remediation alone in China they spend twice Australia’s GDP annually’
Scale of necessity to clean up, PHK is looking at projects so vast that one is the scale of Sydney Harbour and others that are 50-100 square klms
Developing new products for applications such as Black Water (putrid I suggest) for canals with mini factory shipping containers (20 built in 6 months) where the dirty water comes in gets clarified and the clean water comes out the other side of a built brick wall these can be placed all over China and elsewhere
They have not yet approached other country’s such as Singapore, Malaysia, Thailand (which having lived there has the same issues)
From the presentation released the other day
$7m cash, receivables/inventory $6m, net assets of $12.3m no debt
China Water Treatment Business
OFFICES IN FOUR CHINESE CITIES, now using a range of products and movable plants to
treat highly polluted canal/rivers/lakes, including black odorous water
Significant need for PWS materials in future BHZQ projects
Some projects include maintenance contracts to ensure water quality for 5, 10, and up to 20 years
on ongoing requirement for PWS materials
The blue sky of this company is extraordinary I don’t think it’s cents it’s dollars just imagine when they get a decent contract
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