Armadale Capital Regulatory News (ACP)

15 Apr 2008 11:36

Watermark Global PLC15 April 2008 Watermark Global plc ("Watermark" or "the Company") Above expected first results from the Water Project for Western Utilities Corporation 15 April 2008 The Directors of Watermark are pleased to announce the first results, from theCouncil for Scientific & Industrial Research ("CSIR") pilot water plant, by itswholly-owned subsidiary, Western Utilities Corporation (Pty) Ltd ("WUC"). Thepilot plant has now been operating for a month and results from the plant areextremely encouraging and well within expected results. The purpose of the pilot plant is two-fold, namely proof of the Company'sconcept and secondly, verification of mass balances, including by-productsgenerated by the process that will form part of the commercialisation phase andcould generate additional revenue. Although detailed mass balances are not yetavailable, this requires a further two to three month operational period of theplant. Chemical analysis of the water indicates that the Acid Mine water can beeffectively treated through the CSIR process. The South African NationalAccreditation System ("SANAS") standard for industrial quality (SANAS class two)and the current results achieved are depicted in the table below: Criteria SANAS Class II Feed Water Product Water Specification pH 4-10 3.35 7.9Total Alkalinity (TAlk) mg/l as CaCO3 No Spec 0 140Aluminium (Al) mg/l 0.5 2.97 0.01Sodium (Na) mg/l 400 46.5 53.2Potassium (K) mg/l 100 4.4 4.8Calcium (Ca) mg/l 300 205 75Magnesium (Mg) mg/l 100 124.6 0.98Total Iron (Fe) mg/l 2 182 0.3Manganese (Mn) mg/l 1 63.7 0.09Sulphate (SO4) mg/l 600 1910 90Chloride (Cl) mg/l 600 44.5 49.5Fluoride (F) mg/l 5 5.4 0.07Silicon (Si) mg/l No Spec 11 0.45 The Directors are encouraged by the results and expect to provide furtherupdates on the mass balances, operating and capital requirements for theconstruction of a 75 megalitre (per day) plant which has the potential to beexpanded to 200 megalitre per day. Enquiries Dirk Kotze, Watermark Global plc +27 (0) 12 661 3602 Ian Soanes / Elizabeth Bowman, Cenkos Securities +44 (0) 20 7397 8928 Charles Zorab, Investor Relations +44 (0) 207 233 1462 This information is provided by RNS The company news service from the London Stock Exchange