PET 0.00% 24.5¢ phoslock environmental technologies limited

annual report

  1. 795 Posts.
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    Have just read the MD and CEO report in the companies annual report posted on the ASX company announcements today

    Must say the company remains quite bullish overall for the coming year which is quite encouraging given the Global credit crisis.

    I just hope their reading of how the future prospects will be affected by this crisis is correct. I guess like everyone they dont really know

    The other negative appeared to be the aquaculture industry in Asia where things are not going so well for a variety of reasons

    Overall the potential use of phoslock is massive and feedback from applications [other than some asian aquaculture farms]remains positive.

    Cash and time are the issues
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