Several documents allude to management being aware of the need to increase capacity with an extra manufacturing facility.
PHOSLOCK WATER SOLUTIONS LTD (ABN 88 099 555 290) APPENDIX 4E PRELIMINARY FINAL REPORT YEAR ENDED 30 JUNE 2010
p7
Also boardroom radio report of 23rd july 08.
An analyst report
http://www.phoslock.com.au/docs2/PHK%20Report.pdf
does NOT highlight this as a problem.
Capacity will not be reached till 2012. @ around 8000 tons. God speed but we ain't there yet.
Its a clay based product. The factory looks like its making chook feed. It is NOT a high cost facility.
But you are right. Its risky. So stay out of the kitchen.
And do your own research.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.60M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| PET (ASX) Chart |
Day chart unavailable