The application of Phoslock to Lac Bromont in Quebec and the positive results recorded have generated considerable coverage in Canadian media. New proposals totalling in excess of 2,000 tons have recently been prepared. Decisions on several of these are expected in coming months, with the first applications planned for spring 2019, once the lakes thaw.
No-one can accuse management of not being proactive with prospective applications of in excess of 2,000 tonnes in Canada, a further 2,000 tonnes in Europe, a whopping 50 leads out of the recent Tokyo Conference, and several large projects in southern China being tendered, in addition to pilot projects taking place in Florida.
This company is certainly going places, but I won't be. I'm holding for the long-term because market cap and share price-wise I don't think we've seen anything yet compared to what's coming years down the track.
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