FuelCell Energy Inc (FCEL)

[Hoghead7]

My previous calculations we're off, it's even better. Saving almost $16 million a year in Salary and benefits (or about $4 million a quarter). BP acquisition added over $15 million a year or over $3.8 million a quarter in revenue. That's almost $8 million per quarter turn around. They were burning $12-$13 million unrestricted cash per quarter. That goes down to under $5 million for Q3, and if they get TS and Tulare in generation portfolio before end Q3 it goes to about another $1.75 million per quarter revenue from generation. That puts them between $3-$4 million cash burn Q3. They have draw down for Bolthouse Farms and project completion in Q3 or Q4. That adds another $1.25-$1.5 million per quarter. By year end, cash burn under $2, possibly better. Get the picture??