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Re: krays post# 6068

Tuesday, 06/19/2018 8:14:01 PM

Tuesday, June 19, 2018 8:14:01 PM

Post# of 60772
Ty. My figures were obviously wrong and I can't remember exactly how I came up with them, but it had something to do with calculations in the 4th quarter and 1st quarter based on sales for the quarter being more than 25% of the annual required sales combined with 11mw generation and thinking they were going to turn a profit due to that combination. And they were at a gross profit. I apologize and thanks again for helping me out with the facts. That said, they are projected to finish a couple projects contributing to the generation portfolio by the end of Q3. By year end, generation portfolio is supposed to be at about 30mw. So in 2019, we need about 25mw of sales combined with the 30mw generation to be break even. So, as long as we hit 30mw generation we she be in a great position. LIPA will be added to generation becaklog by end of summer if Chip is correct. So sad to say, I wait again. Sounds like many are starting to give up hope just before take off.
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