EDE 0.00% 0.2¢ eden innovations ltd

to those dreaming about EDE selling Hydrogen, page-22

  1. 1,332 Posts.
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    Well, yes. I do see an upward trend. Most unbiased posters would.

    It's not like it would go up in a straight line and the lower quarters of the last couple of yrs coincide with the global supply shortages that EDE has clearly explained. Hard to get a project done if you can't source materials to put EdenCrete into.

    Add in the factor of rampant inflation increasing costs up to 40% and you have not just the GDoT, out largest customer to date, postponing projects in the hope of an adjustment in the near future.

    Which leads to the fact that the last 2 quarters are pretty much medium sized ready mixes in the US up taking EdenCrete as a cost saving measure for more durable, greener concrete and shotcreters taking up EdenCrete as the new standard in easier to place, cost reductive, time saving, waste reducing practice. Plus the rollout in the US's Bunnings, Lowe's, starting to take effect.

    EDE's sales increased 26% last FY. It is not a one-trick pony. Considering the global economic conditions, this is a marvellous result. As the world starts correcting to this new normal, what has been postponed will resume and the slowdown in growth will receive a massive boost as new markets, such as Indonesia following India in the ability to create cheaper, greener mixes with increased % of fly ash, join.

    FUDsters may right off the upcoming commercialisation of EdenPlast, Hythane and it's related technologies, expansion of EDE's patented methane pyrolysis with proven results and low cost, modular expansion capabilities and other revenue streams in the pipeline but to constantly attempt to spam this forum with doom and gloom scenarios of administration to scare off potential investors is just wrong.

    It will take many acting together to achieve a dent on human caused climate change and EDE is well positioned to play it's part. As has been the plan all along, to make a difference.

    IMO DYOR GLTS
 
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