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Re: Jack_Bolander post# 54384

Sunday, 12/24/2023 11:43:51 AM

Sunday, December 24, 2023 11:43:51 AM

Post# of 57822
there is no new “BAD news" in the Seeking alpha articles. In fact they may be AI generated they repeat the same stuff.

no recognition that the 70% reduction in H2 cost will reduce their losses without any $3/kg handout.

The one sentence that sums up their situation is:

The prime issue facing any business with delays is that costs don’t disappear and have to be absorbed whether producing revenues or not.



Had they got permits for NYStamp and completed that 12 months ago, or not cancelled the Brookfield hydropower site in Pennsylvania just because it hadn't got room to expand (Sanjay being greedy) then they would be producing all they need for themselves by now.

I don't see articles discussing the large stationary system margins and revenues.
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