Ann: Ivory Coast Project Finance Agreements Awaiting Execution, page-9

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13 Posts.

02/01/20

09:18

Post #: 42189675
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Originally posted by imback: ↑

"The delay in signing of the financing agreements may result in a short-term deferral of revenue that was
expected to be recognized in 2019. However, there is a possibility that such revenue may still be able to be
recognized in 2019, which would support Fluence’s ability to achieve an EBITDA positive quarter in Q4 2019."

They have a strong argument for the auditors to allow most of this revenue to be recognized in 2019 given the work was completed in 2019. Hard for company to make a definitive statement without their auditor's approval, but in principle I can't see why that wouldn't be the case.

Great news and has left no doubt for me the bottom is now well and truly in.

I can see now why they waited so long before making this announcement on the delay. Touch and go as to the final signing date.

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Hi all new to this stock and total newby trader, Could you tell me how you guys knew the announcement before it was released here, Is there a site that publishes company info earlier than others thanks, Still working out the best tools etc.

FLC Price at posting: 43.0¢ Sentiment: Hold Disclosure: Held
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Last 4.0¢		Change 0.001(2.56%)		Mkt cap ! $43.41M

Open	High	Low	Value	Volume
3.7¢	4.0¢	3.7¢	$21.66K	561.4K

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1	93834	3.9¢

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Price($)	Vol.	No.
4.0¢	505092	4

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No.	Vol.	Price($)
1	93834	0.039
1	6642	0.038
1	70000	0.037
2	650000	0.036
3	235805	0.035

Price($)	Vol.	No.
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Ann: Ivory Coast Project Finance Agreements Awaiting Execution, page-9

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Ann: Ivory Coast Project Finance Agreements Awaiting Execution, page-9

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