just reading over some of the recent announcements and i must say that i am as confident and as excited as ever about this company.
the swanson guidlhall announcement will mean hti will now be able to bid for works on thousands of similar heritage listed buildings and convert the opportunities much faster having already gone through all the checks and approvals to work on listed properties in the UK.
this swanson guildhall project is only worth 150K, but given the sheer number of similar sized building with much the same problems, i can foresee 10-15 signing a year of this type. that would mean 2-2.25m in revenue.
next up, the Honk Kong ADS mandate. The crematorium works are valued to be about 300K to hti. given it is a port city and the number of public buildings under its authority, the ADS agreement should similarly yield 10-15 projects p.a. of this type, not to mention any bigger projects that may come about. another 2-2.25 mill in revenue.
infrastructure is where HTI will make the big bucks and im very pleased to hear of the developments in singapore, middle east, honk kong and china. these places are awash with cash and have vast infrastructure projects in the pipeline and/or already have singificant infrastructure assets with water ingress issues. one of the things i have noticed about the M/East doing business in London is that they are very decisive and unequivical about what needs to be done. they think longer term and tend to respect expert advice, be it financial or whatever. this bodes well for hti as they have their tech independently verified by numerous customers as well as other certifying bodies ie York university.
finally, metronet. this is coming. they have LOADS of money and it is very well recognised that london's underground is already at capacity. delays due to signalling errors, water ingress etc are simply unacceptable but a common everyday occurence. when hti finally sign this contract, it will be the beginning of a very long uptrend IMO as it will put a floor under the company regarding cash and it will have demonstrated the technology has not only been endorsed by a major infrastructure owner, but implemented right across the system. i can see 10's of millions of dollars in contracts for hti over the 5-10 years from metronet alone. the network is vast and leaks. better yet, it rains almost every other day here in london!!!
the most comforting of all are the director's purchases. i have said this before but phil gray stumping up 1million of his own cash at 9-10 cents and continuing to buy at these prices gives me the world of confidence. these are not token purchases. this amount of money is invested for one reason only; to make a serious wealth generating investment.
then the former MD ian dalla purchases 10million of his own (albeit at 3.5 cents). still a significant investment of 350K. you just dont throw money like this around unless you have the utmost confidence in the product and the people. he also manages the main commercial relationships in the UK ie metronet. if he didnt think metronet was as close to a good thing, i reckon he would be keeping his money in his pockets in this market.
quite frankly, all the signs are there that HTI will announce its first major contract shortly. i cant wait :D
HTI Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held