Phoslock Environmental Technologies Limited (ASX: PET) has provided its sales forecast for FY2020 and expects it to range from $50 million to $70 million.
- Phoslock® sales is expected to range from 10,000 to 20,000 tonnes.
- Engineering & maintenance work will be in between $10 and $20 million.
- By mid of 2020, Phoslock® production capacity would reach 40,000 tonnes.
At AEST: 1:07 PM, the shares of PET quoted 0.875, up 1.7% from its previous closing price.
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