PET 0.00% 2.5¢ phoslock environmental technologies limited

What I liked about the story was Water remediation alone in...

  1. 168 Posts.
    lightbulb Created with Sketch. 12
    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



 
watchlist Created with Sketch. Add PET (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.