PET phoslock environmental technologies limited

Hi YesterdazeMust say I keep having the same thought. The US is...

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    Hi Yesterdaze

    Must say I keep having the same thought. The US is openly self-serving and protective when it comes to industry policy and trade issues, nonetheless, at some point US administrators must inevitably come to the view that Alum is unsuitable for use in lakes and public water bodies because of its toxicity and turn to Phoslock as the only viable alternative. I hope they cotton on to that sooner rather than later.

    Those colour photos of the algal blooms in Lake Erie and the Baltic Sea in the article were real eye openers for me and these two potential projects alone are orders of magnitude bigger than anything in PET's pipeline and I suspect far far bigger than it will ever have the capacity to handle on its own. That said some sort of joint venture arrangement between PET and government agencies at national/provincial level in US, Canada and Europe under which PET licenses it's IP on a kind of franchise basis might just be a goer.

    A contact tells me that in Finland alone there are around 200,000 lakes some already in need of help and that is in a region that we don't think of as being "hot" and therefore not seriously on PET's radar. Then there are countless other large bodies of water in a similar or worse state of distress spread across every continent, the potential is immense.

    What we know for sure is that without remediation, these large bodies of water will get to the point where governments will have no option but to act because of the potentially catastrophic effects on their citizens.

    What is needed is a global solution to a global problem and inching our way forward lake by lake just isn't going to cut it and that is exactly where I see PET stepping in.

    I would like to see PET's board start talking to all major national governments and key international agencies such as the UN, OECD, World Bank and so on and offer a franchising package whereby they put up the money to build the plants and pay a franchising fee to PET for the use of its IP, raw materials, manufacturing and dispersement technology.

    To coin an analogy, PET could become to water what MacDonalds became to fast food.

    The potential really is enormous.

    I am copying this note to PET's board.






    Last edited by saggito: 08/02/20
 
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