It would be interesting to hear from the company on their strategic plan to grow in Europe and US. We now have the initial small value contracts in both continents. SciDev provide performance guarantee’s on their treatment systems, so one would assume a pilot trial to prove performance, with a view to securing high value multi year contracts once validated.
The results from the Swedish PFAS project you mentioned should be announced in the coming months. If positive, you would hope that this would result in new contracts being awarded. IMO
The question then, is how will SciDev deliver these? I can only assume an acquisition of local water treatment companies in Europe and the US would be considered. Otherwise they would need to recruit an entirely new project team in each location, and setup fabrication and delivery teams from scratch. IMO
SDV Price at posting:
45.5¢ Sentiment: Hold Disclosure: Held
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