Hi again woody,
here is an updated list of the things that I believe will happen over the next 3-6 months:
1. News that the GDOT has actually awarded the 2-3 tenders that will signal the first of many commercial orders that will be placed by the GDOT for 24 mix repair mix applications. FYI: The GDOT’s budget, for the next 10 years, is ca. US$ 1.4 billion p.a. so there is huge potential here for EdenCrete (and this is only in Georgia!).
2. News regarding further additions to the EdenCrete sales team and other appointments.
3. News that EdenCrete’s existing customer MARTA has put in another order (could come at any time but my bet is that it will come very soon).
4. Feedback from the ca. 9 companies that are currently trialling EdenCrete for “readymix” applications.
5. Feedback regarding several trials that are now being undertaken by companies in the “precast concrete” sector. FYI: the US precast concrete sector is worth ca. US$ 12 billion p.a.
6. News and/or rumours of very serious interest being shown by large institutional, private and corporate investors (could come at any time but my bet is that it will before the end of this year).
7. News about exactly when Colorado Stage 2 (CS2) will be fully operational (my feeling is that barring any unforeseen problems this should be in January 2017). FYI: CS2 will be producing up to 200,000 gallons of EdenCrete per month at a value of approximately US$5 million. By my calculations this will produce a profit of US$1 million per month (based on a profit margin of 20% which IMHO is a conservative estimate). And all this from nearly the very first month of operation!
8. News that other DOT's have commenced placing orders for 24 mix repair mix applications (my feeling is that this should be in the first quarter of next year).
9. News that apart from MARTA, other private commercial orders have been received (could come at any time, however, as previously mentioned, only the really major orders can be filled when CS2, is up and running early next year).
10. An update from the GDOT and/or the FHWA regarding the field test for Class A/Class 1 applications (my feeling is that this could be before the end of this year).
11. Update on the progress of the ultra-high-strength concrete research project with the Deakin University (probably more of a 6 to 12 month project, however, a breakthrough announcement would not surprise!). If the overall goal of eliminating just about all steel reinforcement using EdenCrete is achieved this will have huge implications not only for EdenCrete, but also for the concrete and steel reinforcement industries.
12. Update on the progress of EdenPlast (could come at any time and a breakthrough announcement would not surprise!). If there is a major breakthrough here, this will have huge implications for the EDE SP!
Best regards and as always everything is IMHO and please DYOR!
MB
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