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Re: M4dsc1 post# 14973

Thursday, 09/12/2019 12:21:14 PM

Thursday, September 12, 2019 12:21:14 PM

Post# of 60416
Not sure, but I was told they had inventory sitting in CT not being installed when Chip was still there. I believe the $10 million from XOM (-the cash to Hercules, I think $6 million) may have kick started finishing the inventory that was not 100% finished due to cash issues. I think they started using ATM wisely when the stock spiked before. Now they are able to execute installation of the past due projects (Tulare and BHF) and get back to the earlier completion date of Groton. Yaphank was not due till 2020 and CR is after Yaphank. First things first. Get Tulare done and BHF and we should be off to the races.
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