Forward Water Technologies Corp V.FWTC

Revenue US $25 million ?? MarketCap CA$2 million !!

[moorage]

TORONTO, ON / ACCESSWIRE / May 31, 2024 / Forward Water Technologies Corp. ("Forward Water" or the "Company") (TSXV:FWTC) announces today a commercial update based on enquiries received since its press release of March 20, 2024. With respect to the opportunities currently being pursued by Forward Water to develop direct lithium extraction projects, the Company estimates that should commercial scale plants be built incorporating FWTC's process technology, each plant could represent approximately US$25 million of revenue to FWTC.

 

FWTC also continues to purse multiple industrial wastewater opportunities with its marketing partners. The applications of FWTC's technology process vary by customer and application but preliminary engineering work to date suggests that each opportunity could represent US$2-6 million of revenue to FWTC should they proceed. It should be noted that this information is not to be construed as a forecast and none of these projects may advance to commercial contracts.

https://www.stockwatch.com/News/Item/Z-C!FWTC-3561156/C/FWTC

[moorage]

Just one single material order for $25,000,000 would increase the FWTC share price tenfold. So Forward Water is not dreaming, as the link / news below proves: 14 May 2024 CleanTech Lithium PLC ("CleanTech Lithium", "CTL" or the "Company") DLE Pilot Plant Produces High Quality Eluate The first step will be to further concentrate the eluate using Forward