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Aqua Resources Share Chat - H2O

Share Name Share Symbol Market Type Share ISIN Share Description
Aqua Resources LSE:H2O London Ordinary Share GG00B39T7V85 ORD NPV
  Price Change Price Change % Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00 +0.00% 0.33 0.00 0.00 - - - 0 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gas Water & Utilities 0.0 -1.5 -2.1 - 23.55

Aqua Resources Share Discussion Threads

Showing 50 to 75 of 75 messages
Chat Pages: 3  2  1
DateSubjectAuthorDiscuss
10/7/2012
16:06
Un-salting the Earth: Jerry Patterson’s Desalination Ambitions Texas is sitting on a massive amount of “brackish” water. Too salty to drink, but far less salty than ocean water. A lot of it is just sitting there, below our freshwater aquifers. And there’s enough of it to satisfy the current Texas population for a hundred and fifty years. But how do we get to it, and how much will it cost to do so? That question is now on the mind of the Texas General Land Office. Today Commissioner Jerry Patterson proposed building some smaller desalination projects in Central Texas to help meet water demand in the region. “Everyone says the state’s population is going to double by 2060,” Patterson tells StateImpact Texas. “And I guess you could say there’s enough water. But it’s not in the right place.” Patterson, who’s running for Lieutenant Governor in 2014, is looking at several sites that belong to the commission’s Permanent School Fund, all of them along the I-35 corridor between Austin and San Antonio. “Anything we do to produce water for Central Texas reduces the impact on the Highland Lakes,” Patterson says. “That’s not only good for the folks that live around the Highland Lakes, it’s also good for those downstream consumers.” Patterson says less water taken out of the lakes means more for rice farmers, bays and estuaries, utilities and the petro-chemical industry. But isn’t desalination expensive and energy-intensive? GRAPHIC BY GENERAL LAND OFFICE The desalination project would use brackish water deep underground and make it fresh. “Yeah, it is,” says Patterson. “It’s about twice as expensive as some of our more traditional ways to acquire water.” And while desalination and reverse osmosis filtration require a lot of power, he says that they’re looking at the potential to power the plants, perhaps just in part, using renewable energy like solar and wind. But Patterson thinks the investment would pay off, whether or not the money for the plants comes from the General Land Office or private investors. “The market is in play here,” he says. “We have the shortage of a commodity. We have increasing demand. Therefore the price of that commodity – what was thought to be expensive in the past, may look like a bargain in the future.” The proposal would be far from establishing the first desalination plant in the state, all of which are inland at the moment. There are dozens of desalination plants currently in Texas, and more on the way. And El Paso has the largest municipal desalination facility in the country, capable of processing over 27 million gallons of water a day. Patterson is quick to point out that he sees desalination as just one part of the solution to the state’s looming water crisis. He also advocates more conservation, accessing more groundwater supplies, and moving water from areas where it’s a surplus to where it’s needed most. The agency has hired two water engineering firms to analyze the land. Patterson says that if all goes well, they could be breaking ground on the first of the plants in eighteen months.freddie01
26/6/2012
08:30
Adult Image Hosting Using the earth's heat to desalinate groundwater A group of West Australian scientists is working on a project to turn saline groundwater into fresh, drinking quality H20 and it appears the answer to doing so is right under their feet. Geothermal energy is the energy that's derived from the heat that's stored within the earth and its uses, from heating swimming pools to producing electricity, are already well established. Since 2004, Challenge Stadium in Perth has used the technology to heat its swimming pools. The stadium uses a geothermal supply that runs about 700 to 1000 meters below the ground. Now, a group from the WA Geothermal Centre of Excellence, CSIRO and the State Government is looking at whether WA could use geothermal energy to desalinate groundwater. If successful, the technology could be used by regional communities and mining companies that currently pay large sums to pipe water in. The director of the WA Geothermal Centre at the University of Western Australia, Professor Klaus Regenauer-Lieb, is leading the investigation. "It really has a potential to make Western Australia a new industrial hub in clean energy technology and water production," he said. Although it's very early days, the 52-year-old Winthrop professor says the heat could revolutionize Australia's access to clean water. "It will help to reduce competition for scarce fresh water resources in those parts of Australia where geothermal energy can be economically used to improve water quality," he said. "Its potential is very exciting." How it works Researchers say that, roughly speaking, the deeper you drill into the earth the hotter it is. Every kilometre closer to the core corresponds to a temperature increases of about 20 degrees celsius. However, in some places including WA, it's closer to 50 degrees per kilometre. "Through using this heat you can evaporate groundwater," said Professor Regenauer-Lieb. During this stage pure water separates from the salt and pollutants and forms a clean steam. "Then all you need to find is a cool source to condense the steam so it creates water. "You can use the feed [waste] water that you want to evaporate to cool." The process is repeated until the water reaches the desired quality. So: heat, evaporate, condense, repeat. Geothermal energy is best suited for rural communities and remote industry where the cost of water and energy is far higher due to its scarcity. Prof Regenauer-Lieb says, at the moment, the energy is not feasible for metropolitan areas but could drastically reduce costs for regional communities and mining companies which pipe water in. With this in mind, the group is mapping out sites across regional WA that have available but unused groundwater and geothermal energy within close range. Finding those locations is something CSIRO hydro-geologist and regional coordinator of the investigation, Don McFarlane, admits will be a challenge. "We realise what we're trying to do is pretty speculative," he said. "The opportunities if we can crack it, then we don't need to have pipelines going into areas, we don't need to have to have power lines going into areas, we can actually have water resources in-situ using local energy sources," he said. "That would be fantastic." Innovative opportunities Mr McFarlane says as drier conditions prevail across WA, the state needs to move towards innovative practices to boost the water supply. "We've got extensive water resources, some of them fresh, some of them brackish and some of them saline but we've also got a potential energy source in those sediments," he said. Because geothermal energy sources its power from the heat generated within the earth, it's considered a sustainable energy. "It is actually a very clean and in long-term, very environmentally friendly operation," said Professor Regenauer-Lieb. He says since the heat of the earth is continuous, so is geothermal energy output. "It's a matter of flicking on a switch and letting it run 24/7 because the energy source is constant," he said. Many involved in the investigation admit it may take a few years before it breaks into the market. "At the moment it's all a bit theoretical and the fact that it hasn't caught on in other parts of the world tells us we've got a long way to go," Mr McFarlane said. Although largely supportive of geothermal energy, WA Greens representative Robin Chapple echoes a similar message. "Look, certainly geothermal is one of the technologies of the future but it's not quite there yet," he said. "Once it's up and running it's not too bad but the technology in getting high-value steam from deep underground still has some glitches." Mr Chapple, who has a background in engineering, believes the process is more difficult than many perceive. "It does seem quite simple: drill a hole in the ground, put water down to generate steam but the depths we're working at and the pipe work to control the pressures is very complex," he said. "Once the system is proven, it will be one of the most significant suppliers of classic, non-carbon based energy that we could actually ever think of." Possibilities Mr Chapple supports geothermal energy but not its connection with cleaning water. "Geothermal is great, desalination isn't," he said. "Desal, by its very nature, is a catch-up structure because we don't manage our water very well in the first place. "We end up making artificial water because we can't manage our own water supply." Mr Chapple believes the key setback for geothermal energy is the large amount of capital required for initial exploration and development. "Most of the geothermal money is not actually spent on producing the steam but is actually doing the exploration work and finding suitable grounds so it's very capital intensive," he said. "It's similar to the mining industry and yet basically gets no government support and yet the mining industry is doing virtually the same thing - drilling holes." Despite the difficulties, interest in the technology is growing with a small geothermal power station operating in Birdsville, western Queensland, from water derived deep from the Great Artesian Basin. Its well plunges 1230 meters below the earth's crust and generates over 100 kilowatts of power. There is also growing interest in South Australia and New South Wales as trials are carried out in a bid to introduce geothermal energy power stations. Professor Klaus Regenauer-Lieb hopes support will grow for what he believes is an energy that could provide water for generations to come. "Some time in the future this technology will break through," he said. "You need to remember the decisions that we make now can still be operational for many, many years. "If we don't make the right decisions now, in 20 years time it will bite us."freddie01
18/6/2012
11:45
Innovative aid, or how to get drinking water from a polluted stream From using sunlight to purify water, to foam houses that can withstand gales, new technologies are helping sharpen responses to humanitarian disasters around the world Adult Image Hosting In 1994, the Rwandan genocide triggered a huge influx of refugees into what was then eastern Zaire. Within 30 days, between 50,000 and 70,000 people – about 10% of the total refugee population – died of waterborne diseases, cholera and dysentery among them. Those deaths did not need to happen, says Nathan Jones, who works for Hydration Technology Innovations. What those refugees needed was reliable – and immediate – access to clean water, and Jones says his company has the technology that can deliver it. Their invention is called the HydroPack, and it has already been used in disaster situations across four continents. When empty, the 4in by 6in pouch looks like a paper-thin bit of plastic, but drop it into a water source – anything from a swimming pool to a rubbish-infested stream – and in eight to 12 hours you'll have 500 millilitres of water that is safe to drink. With its bright colouring and the little straw that comes attached, a swollen HydroPack looks surprisingly like a juice box, minus the glossy packaging. The HydroPack works by forward osmosis, the same process by which plant roots extract water from the ground, and the water that ends up inside exceeds the clean-water guidelines set out by the US Environmental Protection Agency. The packs are fortified with sugar and salt to aid absorption, as well as flavouring to increase the appeal. About 15,000 of the packs, which can be airdropped, were distributed in flood-ravaged western Kenya this year. They were also used in the aftermath of the earthquakes in Haiti and Chile in 2010, as well as after the tsunami in Japan last year. "It's a real paradigm shift in how you approach that initial phase [of disaster relief]," says Jones, adding that aid agencies and NGOs have long relied on chemical tablets, or even flown-in bottled water, to provide safe drinking water in emergency situations. "Bottled water is frequently used, but it comes with a really heavy cost, both financial in terms of the transport of it, but environmentally as well." The HydroPack is just one of a number of new technologies that are helping the international community sharpen its response to humanitarian emergencies around the world. Jones and other innovators had the chance to sell their products to procurement experts during "pitch tank" sessions at the Aid & International Development Forum, which was held last week in Washington. The private sector is key to keeping aid agencies on their toes, says Maura O'Neill, the chief innovation officer at USAid. "Increasingly, we are co-creating solutions [with private companies] around a big, difficult development problem," she says. "A main part of their business objectives are overlapping increasingly with our development outcomes." Other innovations that got an airing include Puralytics, a technology that uses sunlight to purify water, and pop-up greenhouses from a company called Got Produce? Its 300 square metre greenhouses, which double as water purification systems, can produce fruit and vegetables in only 30 days, operating completely off the grid. Gigacrete, a Las Vegas-based company, makes easy-to-construct foam houses that can withstand winds of more than 300km/h, and the Leading Edge Group, which produces a brick-making machine that can churn out nearly a thousand blocks an hour, with clay-bearing dirt as the only input. Losberger, a German company, presented its hi-tech inflatable shelters that can be used to house hospitals in the field. USAid is hoping to promote more of these kinds of advances through its Development Innovation Ventures fund, a government programme that operates like a venture capital fund for new ideas in development. So far, says O'Neill of USAid, the programme has received more than 1,200 applications and funded two-dozen projects, with many more in the pipeline. Any group or individual can apply for a grant, she says, whether they're based in the US or overseas. The fund, which was launched in 2010 and is known as DIV, gave out its first grants last year. DIV divides its grantees into three stages: stage one projects are still in the proof-of-concept phase, and get up to $100,000; stage two projects are ready to scale up across an entire country, and receive up to $1m; while stage three projects are poised to have a multinational impact, and can get as much as $15m over several years. The programme aims to fund "solutions that are several times more cost effective than current practice", USAid says on its website, and it is looking for innovations that can quickly be brought to scale: "We recognise that development breakthroughs can come from anywhere – a lab in a university, a local person who has deep contextual knowledge, or a passionate entrepreneur. Perhaps it will come from you."freddie01
17/6/2012
12:10
UK must modernise aging water infrastructure or face more shortages says report The industry body's State of the Nation: Water (11-page / 2.4MB PDF) report calls for the construction of new water storage facilities across the country and the removal of regulatory barriers to allow more interconnection between networks. It has also proposed the phased introduction of universal "discretionary" metering, with higher tariffs for non-essential use, and for a "Water Security Taskforce" to plan for dwindling supplies. "We are a populous nation facing a growing gap between what we can supply and what our water users need," said Michael Norton, chair of the ICE's water panel. "Sadly it's only when hose-pipe bans are inflicted on us that the public has any glimpse of this reality. We have a valuable opportunity while water is in the forefront of the nation's minds to impress on the public the real value of this resource and we mustn't squander it." Currently most households pay a flat rate of £1 per day for unlimited water use according to the ICE, a rate that it says is "unsustainable" given the cost of water treatment and the volume of water used for activities, such as watering the garden, that do not require treated water. A 30% reduction in the amount of water used per home and the introduction of higher tariffs for those who use more than this amount would encourage a "shift in public attitudes", it said. A ban on the use of hosepipes for recreational use, to water gardens or clean vehicles or premises came into effect across much of the south east of England in April. Thames Water, which supplies nine million customers in the London area, intends to reconsider the ban at the end of the month following recent heavy rainfall. Although the recommendations would require "some upheaval" to the current regulatory regime, the effects would be seen "relatively quickly", said Norton. A "time-bound" plan by the proposed Water Security Taskforce could put the UK at level 8 or 9 on a 1-10 water security level scale by 2025, according to the report, as opposed to the UK's current score of 4. Water and sewerage services in England and Wales are provided by private companies overseen by an economic regulator, while in Scotland and Northern Ireland they are provided by publicly-owned companies. However, the ICE said that water was a "shared resource", and called on all of the administrations to cooperate on its proposed water security 'roadmap'. Encouraging the individual water companies to collaborate on new resources would allow them to "share both investment costs and risk," the report said. It suggested the increased use of smaller "distributed infrastructure" projects at local level, such as household and community-scale rainwater harvesting and home recycling, rather than the creation of a "costly and environmentally damaging" 'national grid' or pumping water across the country to areas where supplies are more restricted. Water companies should also be encouraged to share supplies with adjacent regions if necessary, it added. The report also called for a "new approach" to the type of large infrastructure projects proposed and constructed, calling for "significant investment" from Government and regulators rather than the current incremental approach to infrastructure maintenance. The recent Water White Paper and last month's announcement of a draft Water Bill contained "some positive steps", according to the report, but these intentions must now be delivered "without delay" and in the context of a UK-wide vision, the ICE warned. "ICE is disappointed that the UK government will not present a full Water Bill for water industry reform in England and Wales this Parliamentary session," it said in the report. "The water security challenges faced by the UK require urgent attention. Without this important legislation the changes needed to manage water more sustainably will be delayed further and the risks to water security will only increase."freddie01
17/6/2012
08:52
Calgary company looks to market fresh water to thirsty world Mobile desalination system to be marketed around the world If the value of a commodity is based on supply and demand, then water just might be the most precious substance on the planet. At least that's what Calgary husband-and-wife team Chris and Guity Ramgopal are banking on with their latest business venture: a mobile water desalination system they hope to market to thirsty countries all over the globe. "The water industry is the only industry that can rival the oil industry today," Chris said. "We in Canada are so fortunate because we have the largest amount of freshwater resources on the planet. We don't realize what impact the shortage of drinking water is having on the rest of the world." Having lived in the Middle East for 25 years, the Ramgopals are more familiar with the problem than most Canadians. In desert countries such as Kuwait and Saudi Arabia, whole populations have no access to fresh water. They depend instead on desalination, the process of removing salt and other minerals from sea water to make it drinkable, to survive. While desalination technology is not new - massive desalination plants that cost billions of dollars to construct dot the landscape of the Middle East - the Ramgopals' experiences in a desert climate convinced them there was room for improvement. Through their company, Trilogy Environmental Systems, the couple began to dream of a portable, energy-efficient desalination system that would make fresh water afford-able and accessible to communities suffering from a shortage. In October 2010, Trilogy partnered with SAIT's department of applied research and innovation services. The post-secondary institution offers supports to businesses seeking assistance in getting their products developed and ready for market, and was able to obtain a $25,000 grant for the project from the Natural Sciences and Engineering Research Council of Canada. SAIT instructors and students also worked on the design, testing, and analysis of the Trilogy system. A year and a half later, the prototype for the "Trilogy Hybrid Water Desalination System" is complete. Housed in a 15-metre shipping container, the system uses a high-pressure reverse osmosis process to convert ocean water into potable water in less than half an hour. The system can produce up to four million litres of drinking water per day, and in addition to removing the salt, it also filters and treats the water for microbes and other disease-causing organisms. "What is unique about this is not only the mobility of it, but also the pre-treatment aspect - the preparation of the water before you desalinate it," said Alex Zahavich, director of applied research and innovation services at SAIT. That makes the system ideal not only for communities without an adequate supply of fresh water, but also for use in disaster response. The units can be set up anywhere along a coastline and then moved to service multiple areas. Right now, the system is powered by a diesel generator, but Zahavich says the long-term goal is to incorporate clean technology such as solar power or biofuels. Ramgopal says he believes mobile desalination units represent a major growth market, since they are cheaper and more versatile than a stationary plant. With a patent pending for the Trilogy technology, he is planning a trip to the Middle East within the next couple of weeks where he will demonstrate the system to interested representatives from the governments of Kuwait, Saudi Arabia, Qatar, Oman, Bahrain, and the United Arab Emirates. "These are some of the wealthiest countries on the planet today - the only thing lacking there is drinking water," he said. Trilogy also hopes to market its system in India and the Far East, where population pressures are affecting water supplies, as well as to NGOs such as the World Health Organization.freddie01
12/6/2012
09:47
New desalination approach addresses water reclamation challenges Adult Image Hosting It must be something in the water. Ask anyone in the resource industries and they will know exactly what that might be. Among the many water treatment challenges facing oil and gas, shale gas and mining operations, treating saline content in process water is an ongoing operational and fiscal headache. While conventional desalination processes are effective in removing salt, they are costly and energy-intensive, and deliver relatively low water recovery rates. In recent months, a number of eyes have been on Vancouver-based Saltworks Technologies Inc. as a potential answer to desalination challenges in the resource industries. The developer of sustainable solutions for desalination and brine treatment has come up with a unique system called the Salt-Maker that can run on low-grade waste heat (30º to 40ºC) generated by operational processes or on solar energy. This approach can effectively reduce energy consumption and costs by as much as 50 per cent and deliver a water recovery rate upwards of 90 per cent, according to Saltworks CEO Ben Sparrow. The innovation is capturing growing attention from major players. Last year, Calgary-based Cenovus announced a $2.5 million investment in the company as part of its Environmental Opportunity Fund (EOF). Saltworks also received an investment from Teck Resources Limited for an undisclosed amount. This year it was awarded a $1 million grant from the Province of British Columbia’s Innovative Clean Energy (ICE) Fund. Desalination is definitely on the radar screen in Canada and beyond its borders. Global Water Intelligence reports that the water treatment equipment market in the U.S. will grow from $5.0 billion in 2010 to $9.9 billion in 2025 at an annual growth rate of 4.7 per cent. Within the oil, shale and gas sectors, the anticipated growth rate will exceed that to the tune of 10.5 per cent. Desalination technologies specifically will experience the fastest growth rate (20.4 per cent per year average). “Oil and gas, shale gas and mining all consume water in their processes,” Mr. Sparrow explains. “Those processes produce waste salt water that has to be treated. Regulations demand remediation of waste salt water so they can input fresh water back into processing.” While conventional reverse osmosis is considered a highly effective process for desalinating sea water, it simply isn’t a fit for industrial or resource operations, he adds. In addition, water recovery rates with reverse osmosis are well below the 90 per cent threshold demanded by regulators. “The chemistry in oil and gas and mining wastewater is much more complicated and costly to address,” Mr. Sparrow says. “The average cost of desalinating sea water for example is $1.50 per 1000 litres including the plant, energy consumption and operational costs. Once you move inland, it can cost up to $20 per 1000 litres.” “Saltworks is developing something that could potentially reduce the impact of what we do,” says Dave Hassan, director of environmental technology investments for Cenovus Energy in Calgary. “It has the potential to desalinate water using much less water than conventional technology.” Mr. Hassan notes that the increasing demand for water is driving demand for solutions to improve water reclamation and reuse in the oil sands, where SAGD (steam assisted gravity drainage) operations draw 95 per cent of their process water from deep saline aquifers. But the implications of the solution extend beyond that. In fact, Saltworks’ low-grade waste heat approach shows definite promise for industry as a whole. “Other processes such as evaporator crystallization or reverse osmosis typically use five to 10 times more energy. It’s definitely something everyone in the industry can use,” says Mr. Hassan. John Thompson, vice president of technology and development for Teck Resources Ltd. in Vancouver says investing in innovation such as this is not about locking up a technology idea and keeping it to oneself. “Saltworks is working on a technology that may be broadly applicable and useful to a lot of people,” he says. “It has some innovative people doing great things. While the technology is yet to be proven, it potentially offers a very cost-effective way to treat salt water, which is something we are looking at for new operations in Chile for example.” Mr. Hassan also believes there’s a place for desalination outside the resource industries. “We saw this was a technology that could reduce fresh water use. If it can be developed globally and packaged appropriately, it could be rolled out as a potable water solution for a thirsty world.”freddie01
08/6/2012
18:57
Well, well, well - A TRADE. Someone bought 100k @ c29.9!skyship
04/5/2012
15:12
Thanks Skyship.praipus
04/5/2012
12:00
Hi P. - Ah, I bought in my SIPP (Sippdeal). I couldn't deal online, so left them a limit order @ c35 - which they completed on a Fill or Kill basis. I see someone paid the same c35 for 30k on Tuesday of this week.skyship
04/5/2012
10:49
Hi Skyship, I've tried to buy some of these though Selftrade who arent able to because MM's with them wont make a market in GBP apparently. May I ask which broker you use to trade these?praipus
02/9/2009
18:03
http://www.watervestor.com/UserFiles/Image/File/NewsHeadline/Four%20Winds%20Launches%20First%20London%20Listed%20Water%20Fund.pdftrigger45
28/8/2009
10:10
No-one can doubt the importance of water but does this justify the high management charges paid out of this fund ? Expenses come to over 4% of assets p.a. (E2.8m on E68m)of which half represents the cost of administering the business and half a fixed fee to Four Winds. So we need to run quite fast just to keep up with these.varies
17/8/2009
21:12
BBC2 now, severe water shortages affecting agriculture in Indianotanewmember2
20/7/2009
16:56
Iraq Wants Urgent Water Talks With Turkey, Syria BAGHDAD (AFP)--Iraq's Water Resources Ministry Monday called for talks with neighboring Turkey and Syria after the flow of water in the Euphrates river fell by more than half in less than a month. The ministry is aiming for "an urgent meeting with ministers and experts from the three countries concerned this coming August to discuss the sharing of water and the fluctuation of flows to Iraq," a statement said. The Euphrates's flow "in the Hassaiba region (near the Iraq-Syria border) is very low," it said. "For 10 days, it has been 250 cubic meters per second (m3/s) and these quantities are not sufficient for agriculture and other needs." Turkey, where the Euphrates originates, opened dam floodgates at the end of June to increase the flow of water to Iraq to 570 m3/s, and Iraq said Ankara had promised to raise that further to 715 m3/s in July, August and September. The Water Resources Ministry, Iraq needs a flow of water along the Euphrates equalling around 500 m3/s to fulfill just half of its requirements for irrigation. The flow of the Euphrates, which runs through Syria before reaching Iraq, is now running at just over half of its 2000 level of 950 m3/s.grupo guitarlumber
05/7/2009
02:18
MIDAS by Joanne Hart: Water on tap, and cash soon Last updated at 6:43 PM on 04th July 2009 Comments (0) Add to My Stories In today's world, consumers are confronted with numerous choices about what to buy, what to try and what to leave alone. Most purchases are discretionary, even if they seem vital at the time. But some things are truly indispensable - and the most essential of them all is water. Fresh water makes up only a fraction of the world's total and demand for it is increasing yearly as the population rises and emerging economies develop. At the same time, climate change is said by many experts to be reducing the supply of fresh water. And in less than 20 years, two-thirds of the world's population, or five-and-a-half billion people, are forecast to be living in areas where water is in short supply. Shortages could have huge implications for health and well-being of billions and for entire countries' economic prospects. Even London is said to be running short of water and is looking for ways to boost supplies. Simon Humphrey CEO Modern Water (left) and executive chairman Neil McDougall Modern Water is addressing these sorts of issues head on. It is involved in the complex process of desalination --taking seawater and making it drinkable. The idea is not new but most desalination procedures use huge amounts of electricity, so they are expensive and bad for the environment. Modern Water's technique is different. Pioneered at Surrey University, it produces large amounts of water at a low cost in an environmentally-friendly way, using a filtration process known as reverse osmosis. More...MIDAS: If you don't need the money now, hold on at Lloyds Midas Extra share tips: Tribal Group & Lombard Medical Technologies (thisismoney.co.uk) The company already operates a small plant in Gibraltar and last week announced that this was performing ahead of expectations. It is also building a desalination unit in Oman, part of a plan to expand across the Middle East. Modern Water is run by executive chairman Neil McDougall, former head of Mid Kent Water, and Simon Humphrey, who has worked in the water and investment industries for years. So far they are doing well. The company has £26 million in the bank, the projects in Gibraltar and Oman have not been terribly costly and McDougall and Humphrey are proceeding with caution elsewhere in the world. But the next 12 months could revolutionise this business. The Gibraltar plant produces about 20 cubic metres of water a day but the Oman unit should produce between 100 and 150 cubic metres and it is supposed to be operating by the end of the summer. Provided it works as well as Gibraltar, Modern Water should receive a host of orders and may even receive partnership approaches from larger, wealthier companies. • Midas verdict: Modern Water joined the Alternative Investment Market in 2007 and is at an early stage of its development, so much so that it has not yet made any money. But this should change dramatically as the company's technology is more widely adopted and it builds more plants. Modern Water is not a stock for the cautious, but for those willing to take a bit of a punt, the shares could prove richly rewarding. There is a growing need for fresh water, supplies are shrinking and this company seems to have found a way to help. The shares are trading at 44p, which reflects simply the cash on the balance sheet, so there is no value attributed to the desalination technologyspob
05/7/2009
02:15
http://en.wikipedia.org/wiki/Desalinationspob
12/5/2009
18:55
How to profit from the world's water crisis http://www.moneyweek.com/investments/commodities/how-to-profit-from-the-worlds-water-crisis.aspxtrigger45
03/5/2009
01:29
Let's try that link again http://commoditywatch.podbean.com/2009/05/02/robin-griffiths-on-water-the-final-resource/frizzers
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