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Monday, 10/23/2017 6:24:40 AM

Monday, October 23, 2017 6:24:40 AM

Post# of 61091
Im going to feed his dream. Either way this isn't an Exxon board! Thanks again Jack for reitterating FCEL has contracts with the 2nd largest and 4th largest companies is the world as well as with Exxon Mobile. And by the way that video that we all saw recently from June of 2016 with Vijay and chip talking about why they are now going public with the carbon capture fuel cell technology was from June 2016. When asked why they were going public with it Vijay very clearly said they generally don't go public with something until they are fairly confident that it's going to work because they have so many projects going on. And again that we back in June of 2016. In case nobody's noticed they have three commercials now promoting fuel cell carbon capture with Fuel Cell Energy specifically. Which means they have gained yet more confidence. Vijay also made it clear as the chip once they have confidence in the development and testing of the system they will speed up commercialization. And they also made it very clear the commercialization for this technology means thousands of Mega watts. That does not mean that they won't do 100 megawatts in segments prior to getting to the commercialization stage. So we could very easily see more orders from Exxon Mobil or other people within the next 6 to 12 months. I would actually expect a follow-up order from Exxon Mobil at the very latest by sometime next spring if testing is going well at the berry plant. Maybe then people will take a serious look and the stock we get the recognition that it deserves. Another factor to consider is most of the fuel cells we are selling get a 20 year maintenance contract added to the regular income sheet. Which will also happen for the 20-megawatt plant being installed in South Korea for much of 2018. Intern driving the EBITDA down further. This is all going to snowball much quicker than any of the current analysts are expecting. I will maintain my $12 price Target for next December but I believe that may actually be light. And I'm thinking substantially light but we will know more by mid-December.
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