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Friday, July 14, 2023 9:58:06 AM
Read the following sentence from the news release, "It is contemplated that project installations for the first 1 GW will begin in Q1 2024 with a total project cost of $2.5B."
I think they are very very optimistic to START this project in 2024. First, they need to SIGN the deal with POWGEX which I have been told here hasn't happened. Then BOPO needs to get the initial $6 million financing to sign this deal. They had 30 days which is far past the timeline. Then they will need to get the $2.5 BILLION in financing to get this project started. How long will it take to install everything. A few years????
Therefore, no revenues for many years.
You have plenty of time to buy this stock and take profits on pump news.
JMO.
Good luck.
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