Operations Update, page-52

Some important timelines are fast approaching:

In the recent business update accompanying the preliminary final report fluence said that they expect to close some Chinese contracts post Chinese New Year and into first half of 2018.

$100m African MOU which they said in the original release dated 14th Sep 2017 that according to the mou a construction agreement will be negotiated and signed between the parties by the second qtr of 2018. This implies by the end of the first qtr.

In recent webinars and business updates it has been reiterated that fluence expect financial closure for the San Quintin BOT project to take place also in the first qtr this year.

FLC has always had a habit of going against the market especially the last 6-9 months and the past week just further reinforces that....