InvestorsHub Logo

Kurt_Banoffee

06/13/19 7:30 AM

#74223 RE: Jamis1 #74222

So they have gone from $7-10M with 80% up front down to $1M with nothing up front? Can these guys a close deal or what! Must be another an unintended consequence of expanding the project scope...

And the second half of the upfront fee is where?

Solar_Express

06/13/19 10:18 AM

#74247 RE: Jamis1 #74222

Great News Assam Letter of Credit. Tech City Taking shape!! Great News for QMC ;-)

Jamis1

06/13/19 10:38 AM

#74254 RE: Jamis1 #74222

Let's focus on key points (the positives):

1) Received order for reactor with $1 tied to milestone.
2) Reactors scheduled to be delivered to Amtronics on or before June 30, 2019.
3) Construction is on schedule for completion November 2019.

The required battery of soil, pile load and water quality tests have all been completed at this time. Finish grading and secondary ground preparations for the project area have also been completed and facilities construction work will be commencing at this time