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Tuesday, August 04, 2020 9:25:46 PM
Also, while I thought the "Change in fair value of common stock warrant liability" in Q2 FY 2020 was the same as that in Q1 FY 2020, I see now that it actually went down greatly in Q2 (now less than 1/10th of what it was before). My eyes must having been playing tricks on me earlier. It went from a charge of $(34,245,000) to only $(3,372,000). That is great news!
What do you think about my revision to my post numbered 26097 in which I said:
'P.S. - Oh, but wait a minute. It is not clear to me that document is saying the plant is in service on July 30th. The document is dated July 14th and it is saying the proposed project "will not have a significant adverse effect …" and it also says the "... determination ... is limited to a review of the reliability impacts of a proposed project as submitted by Participants and does not constitute an approval of a proposed project under any other provisions of the ISO Tariff." Thus to me, it is not saying the proposed project is completed, and even if completed it is not saying it is approved.
The "in-service date" mentioned in the document might simply be FCEL's intended "in-service date".'
Recent FCEL News
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