There is a good post about this
Here is what we look forward to in 2016
1. Quarterly due out next week should give a first brief insight into the profitability of EdenCrete etc.
2. News that the GDOT has signed off on their Class B specs.
3. News that the GDOT has started ordering EdenCrete for Class B applications. E
4. GS makes it clear how the plant in Augusta is going to be financed. A 1:10 RI would be good news! If there is a CR it will be the very last CR, as future financing requirements will be entirely financed using sales revenue.
5. Release of the ASTM freeze/thaw and the 180 day compression test results (due in the second week of June).
6. News that other DOT's have put in orders for Class B applications (will only happen after point 2. and probably point 3. has happened).
7. Further news of major private commercial orders. (could come at any time i.e. April until September).
8. News that the GDOT is closer to approving EdenCrete for Class A applications.
9. Quarterly due out at the end of July which should give complete detail into the profitability of EdenCrete etc.
10. News that the GDOT's final approval/specs have been completed for Class A applications.
11. News that the GDOT has started ordering EdenCrete for Class A applications.
12. News that other DOT's have put in orders for Class A applications (will only happen after point 7. and probably point 9. has happened). Expected at the very latest in September
Last but not the least don't forget our connection with Conico so while all the focus is on edencrete if CNJ takes off we will be sailing...also Tasman share in Eden will be an interest to Eden who knows they might want to buy their stake out at some stage...the longer the more they or anyone will pay
So I feel TAS is a better buy at the moment than EDe
DYOR and good luck
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