News: PET Phoslock Environmental Technologies Posts HY Revenue $9.3 Million, Up 50% Y.O.Y., page-8

Hi Mickem. Yes I clarified with the company. You are right there are 4 framework agreements. This diversifies our sources of work so we are not as dependent on BHZQ, so is very good news in my view.

The 8 projects are different as you say, though presumably some of these projects may come through the agreements.

Nor is it clear how soon work can start. If they are in north China it is too cold at present, but if they are down south then work could get going soon.

Unfortunately we have to wait on the Directors' forecasts for 2019 to get better clarity on the outlook. Like you I find it frustrating that we are not given more detail on the value of orders. I have not persuaded them it would be a good idea to put a value on the order book, despite repeated attempts and pointing to the numerous companies that do so. It means we have little transparency, which I am sure does not help the share price, or my peace of mind.