FLC 8.33% 13.0¢ fluence corporation limited

Ann: EMC Progress in China Initiative - On Track to Achieve Plan, page-25

  1. 1,192 Posts.
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    This is one of very few young companies that have ever had sufficient strength in their convictions to be able to spell out, on a regular basis, clear development timelines going forward. Great, highly experienced management.
    Bit of slippage in a couple of areas, China production line that was scheduled for Q2 2017 not now operational until Q3/Q4 2017. Certification, which always was a moving feast, put back a month or so.
    Not a big deal.
    Good to hear the reason for the lack of news regarding the 3 more demo plants, they're still all scheduled to be operational by Q2 2017 thus certification and subsequent sales push should tie in nicely with the China production line ramp up.
    Made sense to use the Wuxi results to fine tune the technology for the other 3 demo plants before they leave Israel.
    Also they plan to initially assemble the first China production line whilst it is still in Israel
    with the dual purpose of debugging the line and training up the Chinese workforce which I guess is referred to in the following:-
    “Build prototype of China-sourced MABR product Q1 2017--------------- pending
    Successfully complete China-sourced MABR product Q2 2017-----------on target”

    Hard to believe they have achieved so much in so little time.

    regards, EB
 
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