Here's an update on this little company.Announced today, a new...

Here's an update on this little company.
Announced today, a new MD from the ranks.
This is very good and here's why.

Rodger Gibson, the departing MD, lead a small team of devoted workers for nearly a decade while they struggled to get their patented electrowinning cells into big installation. A lack of funds always held them back.
Rodger, a Canadian of substantial wealth, supported the company very well during these formulative years and is now a major shareholder, as are several other key employees.
But Rodger's not getting any younger. And now with the global DeNora company on the board and register, things are starting to happen around the world, which sees Rodger on a plane jetting off round the world, when in fact, he rather be with his family and other interests.
This was going to be factor in future growth, so upon consultation, he stood down.
I spoke with Tony Treasurem CEO, not long ago, just before he was to board a jet for South America in the hope of wrapping up a BIG deal with a large Brazilian metal company. Everything is in place. DeNora have a manufacturing plant in the same city, so that's where the ancillery gear will be made and the whole multi-million dollar order will be assemebled. I'm hoping to hear news of their success very soon, like before Xmas. But, that remains to be seen as the purchasers are large, powerful and want all the i's dotted and t's crossed before signing.

I'm in at a low SP and would buy more at these levels if more capital was available.
Cheers,
R