FLC fluence corporation limited
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Gems:- First EBITDA positive quarter- Aiming to close out...

  1. stockrock
    5,691 Posts.
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    26/10/18
    13:50
    Post #: 36274242

    Gems:

    - First EBITDA positive quarter

    - Aiming to close out US$100m West Africa water treatment plant by end of 2018

    - Further Aspiral contracts in the Phillipines for residential projects expected

    - FLC expect to deliver more than 80 Aspiral units to iTEST

    - SUBRE being negotiated with US and Chinese potential customers

    - Chinese factory will be ready to manufacture SUBRE by end of 2018

    - Quarterly cash outflow expected to peak in Q4 2018

    - One additonal Chinese distributor

    - Another Aspiral BOOT project expected to come online shortly

    FLC Price at posting: 45.5¢ Sentiment: Buy Disclosure: Held
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