It could be said (as an opinion) that the company, by movingto the US, has arguably established a great deal of credibility through thelengthy testing and trialling processes. All of which might surely have weighed favourably upon development ofthe Parchem arrangement, which now sees EdenCrete promoted under the DuluxGroup andby license through Fosroc. As we know, this has taken the best part of a yearto establish.
All of this suggests to me that, as the company focuses uponentering markets here as well as in the US and Korea to this point, they haveactually followed a plan to do so. 15-18 months ago the likelihood of being onthe same page as these companies would have been wishful thinking I reckon.
Personally, I am happy to have recently increased my holdings. However, it will probably be after orders come through based upon theClass A approvals, the first Parchem related orders and as revenues continue toincrease in relation to shotcrete applications and other commercial jobs thatthe company will consolidate itself as a going-concern imv. That is why I seethis investment as exciting and, whilst open for intense scrutiny and discussionbecause it is still speculative, attractive.
Aimvho, please dyor and gltah. Esp.
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