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DoloMatrix has recently successfully completed pilot scale waste treatment trials in Saudi Arabia.
DoloMatrix has recently successfully completed pilot scale waste treatment trials in Saudi Arabia. We have now entered into licensing negotiations with a view to large scale exploitation of the Dolocrete® Technology in the Middle East.
Domestically, the Company is seeking to upgrade its technology applications into projects of larger scale. The last 6 months have seen the Company successfully complete a number of small commercial remediation projects as well as successfully completing the first part of its major campaign of remediation at a gold mine in Western Australia.
DoloMatrix is also negotiating licensing agreements in the UK and South Africa. These are all regarded as providing short term revenues and profits.
For the financial year ended 30 June 2005 DoloMatrix spent $205,000 expanding, improving and protecting a range of its patented technologies.
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