the had announced ~30mill of works in the pipeline at stage 2 (where proposals have been accepted and in the latter stages of negotiating commercial agreements)
the bulk of the ~30Mill stage 1 work was in relation to Metronet/London Underground, which was delayed due to administration. otherwise, they wouldve been in the stage 2 pipeline.
that is a potential 45mill plus in revenue in the stages of commercial negotiations. mind you, i dont expect these all to be realised. id be happy with even 1/3rd.
they have moved beyond having to prove the technology or even the proposal with these customers, its simply a matter of ratifying contracts with the various customers at board level.
if im reading this correctly, i expect a strong finish to the year when everyone else is feeling the pain.
price of oil wont matter inflation doesnt matter rising cost of food is irrelevant consumer sentiment is irrelevant recession wont make one bit of difference
these people have serious issues with water in their buildings and it MUST be fixed. I have read that MPS is upto 40% cheaper than any alternative.
MPS isnt the cost of maintaining your building. in some cases, its a matter of saving your structure from medium term destruction.
the company has been raising its profile for quite some time now. the industry players are aware of the tech requests for submission are coming in the door at a fast rate
i expect contracts to come out the backend of the pipeline anytime now and for a series of agreements to be signed shortly.
expect some more news on the following: metronet tubelines hong kong MTR Gammon construction of HK govt HQ UK above ground rail chinese tunnel/s chinese Dam/s
these are all big ticket, multi million dollar contracts. apparently traction in china has exceeded all expectations with the head of Hydrotech China also speaking mandarin.
ahhh the expectations....it feels like christmas eve.
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