FLC fluence corporation limited

Ann: Fluence Receives Order for 5 NIROBOX in the Middle East, page-12

  1. 1,002 Posts.
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    @morganp is about right with the estimated rev. These Nirobox SW-XL's go for approx $700k USD per container.
    This also helps to clear out most of the remaining inventory that was built up for the South African contract that never eventuated.

    EMERGENCY ORDER.
    In coming years it is likely that we will see more and more of these types of short term fix orders for regions under high water stress. Especially in the oil rich nations, spending $5 million to quickly get a site up and running with water to alleviate water stress is not a large capital outlay vs the crippling effects of not having water at all.

    Morgan, you have held for so long now with the bumps in the road that you are starting to get cynical. $3.5 million in a potentially new geography for an emergency order is definitely newsworthy for me. Especially since the emergency nature means this was potentially not in the pipeline previously and shows good signs that if there are delays in construction of the large scale middle eastern plants that they may choose Fluence Nirobox as a short term fix during times of high water stress. Coming out of stock on hand also helps with cash position, as these are ready to go and Fluence do not need to spend capital to source in parts or labour. It also helps to increase the amount of Niroboxes sold for the year and enhance that category, as it has been disappointing so far this year.

    It all helps in the push towards profitability.

 
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