FuelCell Energy Inc (FCEL)

[Hoghead7]

South Korea could explain need for $, if selling shares. $100M to add $1B to backlog would make sense!
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://finance.yahoo.com/news/fuelcell-energy-strengthens-presence-korean-120000002.html&ved=2ahUKEwjClbih9PuFAxUgD1kFHeGgCA4Qjjh6BAg1EAE&usg=AOvVaw2QFwnF17Y-1n9VgeD3szD6

FCE initially won a moderate amount of $, But more importantly got the Posco monkey off their back. Recent developments are such that FCE Can market and sell directly in South Korea and has been pursuing such stating in recent quarters they are making progress. They're in the latter stages of the sales process hoping and planning to sign a fairly large amount of contracts to restart projects with their technology previously installed in South Korea. Over 100MW of projects are available. Start up would require replacement modules and a commissioning process. They would be accompanied by service agreements. Start up and commissioning would bring in a substantial amount of cash regardless of whether it's 20 megawatts or 100. S&L would add a large amount to backlog.
https://www.mediatewith.me/portfolio/us-korean-fuel-cell-dispute-settles/
We're not talking $10-$20M we're talking 100s of millions, possibly even over $1B to backlog. I have been anticipating this since before the original settlement.