$8 million cap
$1 million cash
$2.5 million annual revenue
Cash flow neutral or thereabouts
Large contract wins in the pipeline (yes as they have been for some time, but current share price factors in zero chance that PHK will ever land a large contract)
China is investing A$700 billion on rural water treatment by 2020.
Phoslock as a phosphate binding efficiency of 90%+ over a range of pH levels, and is pproved in the USA and Canada to treat drinking water.
