Sunday, November 06, 2022 9:09:31 PM
Ample cash for several years of commercialization and deployment.
From the June 23, 2022 JP Morgan Transcripts
https://s29.q4cdn.com/251742275/files/doc_downloads/2022/06/SMR-at-the-J.P.-Morgan-Energy-Power-Renewables-Conference-Transcript.pdf
From the June 23, 2022 JP Morgan Transcripts
https://s29.q4cdn.com/251742275/files/doc_downloads/2022/06/SMR-at-the-J.P.-Morgan-Energy-Power-Renewables-Conference-Transcript.pdf
Matched off by Fluor, who's our largest shareholder, with about 600 million. Then, eight other folks that came in for the balance of that over time, as shown there at the bottom. Again, with the merger we did in May, we raised about $340 million net through that transaction, which was better than we had expected or had hoped for, given a recent SPAC transactions.
Added that to about $40 million in the balance sheet. We have ample cash to carry us through to the next several years of commercialization and deployment.
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