Kalkine Media ASX Share Market News & Research
Watchlist Sign Up/Login
Kalkine Media ASX Share Market News & Research

Phoslock Reaffirms the Revenue Guidance at $27-$30 Million for FY2019

1 min read | October 15, 2019 11:11 PM EDT | By Team Kalkine Media
Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

Recent News

thumbnail

How Value Stocks Still Matter In Canadian Markets Today?

thumbnail

Why Banks And Energy Still Lead The TSX Value Story?

thumbnail

Canadian Value Stocks Opportunities Still Hide Across TSX Sectors

thumbnail

Cameco Strengthens Energy Position With Cigar Lake Expansion

Make Kalkine Media
My Trusted Source

Google Source

Phoslock Environmental Technologies (ASX: PET) reaffirmed its FY2019 revenue guidance at $27-30 million.

  • PET holds around 3,000 tons of Phoslock® - a zeolite-based proprietary chemical, in inventory (sale value of $9 million).
  • The company anticipates the sales to range between 4,000-5,000 tons during the period for October to December 2019.
  • The Company remains debt free and held $14.6 million in cash (as on 30 September 2019).
  • Changxing Factory is now producing 20,000 tonnes per annum.
  • The global project pipeline of the company is now greater than $330 million.
As at 1:59 PM AEST on 16 October 2019, the PET stock quoted $1.155, trading down by 3.34%.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Incorporated (Kalkine Media), Business Number: 720744275BC0001 and is available for personal and non-commercial use only. The advice given by Kalkine Media through its Content is general information only and it does not take into account the user’s personal investment objectives, financial situation and specific needs. Users should make their own enquiries about any investment and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media is not registered as an investment adviser in Canada under either the provincial or territorial Securities Acts. Some of the Content on this website may be sponsored/non-sponsored, as applicable, however, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used in the Content unless stated otherwise. The images/music that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

CA_Premium_Article

Sponsored Articles

1

Canasil (TSX-V:CLZ) Extends Lil Silver Project Claims to 2027, Maps Fu...

2

Maverick Gold and Silver (CSE:MAV): Unlocking Potential Across Three D...

3

What’s Driving Momentum at Epic Gold’s (CSE: EPG) Fenton Project?

4

Glenstar Minerals (CSE: GSTR) Expands Investor Outreach While Awaiting...

5

Graphite One (TSXV:GPH) Jumps on Ohio Facility Deal and Expansion Road...

Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.