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Desert Control AS ( (DE:8KT) ) has issued an update.
Desert Control has encountered operational challenges with its Liquid Natural Clay (LNC) applications at Woodland Hills Country Club and PGA West, attributed to irrigation system issues and operator miscommunications. Despite these setbacks, the company remains committed to resolving the issues and continuing its operations, with other sites like California State University-Fullerton experiencing no problems. The company has also delayed its new LNC production unit due to personnel shortages and vendor processing times, leading to the withdrawal of its 2025 revenue guidance. Encouraging data from the University of Arizona shows LNC’s potential to increase crop yields, which could bolster Desert Control’s market position in sustainable agriculture.
More about Desert Control AS
Desert Control is a company focused on developing innovative solutions to enhance soil health, conserve water, and promote ecosystem resilience. Their proprietary product, Liquid Natural Clay (LNC), helps sandy soils retain water and nutrients, improving soil health, crop yields, and ecosystem vitality. The company aims to strengthen sustainability, profitability, and prosperity for agriculture, forests, and green landscapes.
Average Trading Volume: 149,249
Current Market Cap: NOK370.9M
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