See todays RNS.

Fabulous news about PDX - can't believe I missed it!

I've been trying to get some more info from the pursuit guys this morning.

So - here's the SP:-

Edmonton is Ontario's main heavy industrial area, about an hour's drive from Toronto. The deal thats been done is for Sonico to buy a small number of units from PDX for testing purposes. PDX engineers will support the deployment and test process, and will bill sonico for time and expenses.

The PDX-3 will be tested in some new 'standing tanks'. The theory is that a single solid state PDX3 unit will replace four traditional components: the pump, the macerator, the agitator and the oxygenator. Each of these traditional components costs more than a single PDX3. Each of these components has a shorter servicing interval than the PDX3. Servicing any of these components requires the standing tank to be shut down.

Should the tests prove succesful, the expectation is that all new water processing plant worldwide will be built with PDX3 technology, and a retrofit program will begin worldwide to replace all existing tanks with the PDX3 version. The cost of retrofitting a PDX3 pump and servicing it for 3 years is expected to be less than the cost of servicing existing technologies for two years.

If these tests prove succesful, in four month's time Pursuit could well be forecasting an initial annual royalty in the region of 25m and growing over 5 years to more than $500m.

The shares currently trade under 40p. Numis have a target of 1.50. Looks like they may have to revise that upwards pretty soon.

Gausie

Thanks G. I missed it too.

I bet he has a tattoo PDX

Reminds me of the "Welcome to Jamacia how you enjoyed your stay" tattoo joke!!
So if hes got one i bet its not "Pursuit Dynamics Technology"

Bought some more of these today.
d.

Where's Gausie when you need him?

Martini
we have steam propulsion:-)

Jules
Another 25p and I can afford lunch with you again :)
M

i'll look forward to it:-))

When is this header going to be updated?
Jules our way to another lunch by the looks of it:)
M

welcome to the love pump ;-)

martini
i mailed you a few weeks back asking you to join me, jules and ruth for lunch, no reply?
hope you are well you old git:-)
d.

Dailos:

If you're short of an old git for lunch, I'm Martini's understudy.

MM
sounds good, maybe mid to end sept, i'll be in touch
d.

Dailos I replied! Well I thought I had - email me again.
M

Yep still got a copy of my reply it went to
t****2@btconnect.com

Martini
my apologies, you did, i looked for reply in my muppettrader file, didnt even open your mail on t****2 (have many unopened i should read i expect!) sorry once again, if its any consolation, it was a great day, lunch followed by "special treats"):-)

MightyMicro
I meant to say keep it quiet, we dont want any Deddington riff raff there :-)

Doh! I was looking forward to that.

About time you updated the thread header G :)
M

Martini; I presume this new deal is with Willy Wonka's Chocolate factory, can't think of another company making chocolate and drinks can you:-)

I knew a girl once who worked in Bournville who drank Run and Coke. Geez Rum and Coke that dates me! I will be getting all nostalgic about brew 11 next !