Ann: FY2018 (6 months) Accounts & FY2019 Forecast, page-6

Hi All
the small report no real head line grabber. would have like more detail on projects we are currently working on and some values put to it.the market is waiting for a large contract headline

end of jan we had 4 agreements with construction companies now 5 so thats good

these are the main parts i picked out from the big report which to me suggest heaps of blue skies ahead.

BEST is currently working on several projects where if theinitial work is successful, the size of the project will increasesignificantly. ( i take this as some of the construction companies agreements kicking in, our Chinese partners know our capabilities already this sounds like the construction companies giving us a test before fully committing, if this pans out well the size of the project sounds promising and will help with not being fully reliant on BHZQ)

 

PET’s international business (excluding China) recordedrevenue of $1,168,115 for the six months to 31 December 2018. Internationalapplications are dependent on clients obtaining approvals and financing forprojects. Several projects were delayed into FY2019. The pipeline forInternational projects for the coming two years is in the range of $20-25million. The international pipeline also includes a number of large lakeprojects which require approvals and funding. The total value of theseadditional pipeline projects is in the range of $40-60 million. (if the international side of the business can start to expand to these level would be great) 

 

Our US licensee, SePRO Corporation, has developed a strongretail and midmarket business. Major focus has been placed on a targeted numberof large projects (100 tons to 10,000 tons). The North American market offersgreat potential for Phoslock with a large pipeline of potential and advancedprojects in this region. ( the 10000 tons would sound like Florida , hopefully the trails next month preform well)

thanks
Mickem