My key take-aways from yesterday's presentation:
1. No new deals in 2017
2. 40% chance 2018 MW target wont be reached
3. If 2018 MW target is somehow reached, it won't happen until H2 (and as late as Nov 18)
My questions (yes I'll contact the company to ask them, just speaking out loud this morning)
- what does all this mean for cash flow in C17-18?
- why will it take 12-18m to close new deals?
- why will it take 12-18m to confirm further Sinopec opportunities?
- why was Hainan listed as a C16 MW milestone in the May and Nov 16 presentations, and suddenly now popped up in the C17 column?
My key take-aways from yesterday's presentation: 1. No new deals...
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