This is the first time in a while the team has let things slip.
Wasn't the FS due end of June? Now they have released the ECS with the FS pushed back to when exactly?
I was looking forward to this release as it could justify the market cap on its own. Obviously the v205 price dropping 25% from the high's since CR last talked about it doesn't help. Is the reason this has been delayed because they upsized from 200 to 300? Project is risky because it's mainly linked to the steel industry at this point which could go either way from here in terms of price. There is of course the longer term demand potential from energy storage, but that isn't exactly a blossoming industry yet, so the risk is you get in too early in the cycle which I'm sure they are very cognisant of. There is no guarantee that that industry will develop either.
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This is the first time in a while the team has let things slip....
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