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Hoghead7

12/21/17 11:54 PM

#4899 RE: fsulevine #4898

Listen to the conference call. Michael bishop I believe is the one that clearly states they can't give an exact amount of megawatts that will ship but the total 20 MW project is worth over $60 million. They will ship 40-50 million in the 4th quarter from existing inventory with the balance shipped in Q1 2018. They also have not announced any update but plan to get a 20yr Serv contract from that and have the Microgrid on line by the 1st half of 2018.
So let's take the low end of that and lowest revenue ($10 million) in a quarter yet. That makes $50 million. But if they hit delivery on time and got paid, it should be higher. Think about it. They are accumilating service contracts with high margins every fuel cell they sell basically. So once we actually complete one more big deal (Like 39.8mw or 63mw) it's off to the races in a big way. Here is a most recent post.

DEEP tees up retooled renewable energy purchase plan
Hartford. I don't know if it's possible to be more anxious than I about the annual report.

Hoghead7

12/21/17 11:59 PM

#4900 RE: fsulevine #4898

Sorry, I tried copying the link, didn't work. If you copy and paste to browser you'll see it. And the 45 mw or 60 generation or combo there of is annual. So if we have 1/4 the generation and almoat all or all of the sales, that would mean we crush EBITDA break even for 4th quarter!!

Maximilliano

12/22/17 12:36 AM

#4901 RE: fsulevine #4898

Just a shot in the dark but with the likelihood of the tax bill passing, FCEL may have decided to wait until after January 1, 2018 to ship....or ship and not even mention it in a PR.