All that fuss for $2.9 million. Let’s hope it is actually collected. But agreed - $$ values and time frames a must in all future 3DP comms. I suspect market will be underwhelmed. Or maybe just me.

Looking at this with 'rose coloured glasses'. The theme has been that the US utilities are big lumbering giants. With that in mind I could imagine that the time from being told you've won to signed-off agreement from the company could be a week or so.

Also the cash is for FPL to develop business cases. Perhaps that too is a sign that the investment cycle is kicking off. This is what Ian has been saying.

As I say, this is an optimistic, but plausible, view.

It's a start, although would've liked a bit more detail.

I think the market will need to see a few more of these in reasonably short order to rebuild the faith. Taking management at face value, that is certainly plausible as you say @Scott

Still too early for me to have regained any conviction.

Market seems to like it but I am also underwhelmed by the lack of detail.

Also management clearly jumping the gun on the announcement.

At my work we recently won a big contract with a state government and it took 5 months to go from nomination as preferred bidder to having a fully signed contract and then another 2 weeks to agree on the wording of the official announcement and press release.

CR

Yep. Cap raise.

Sigh clearly needed due to the delay in receipts and mismatch to whatever their ACV (a number no one seems to be able to get their head around). Not unexpected. Still no contract details surrounding last big announcement - so how much is it per pole Ian?

I am very wary of pie in the sky maybe future figures announcements. I learnt my lesson with Phoslock. Millions and millions in the supposed ‘pipeline’.

A cap raise will fit the formula: Step 1, exciting announcement about new deal to pump share price; Step 2, ask for more money.

I would like to understand their model of "Self-funding growth"

@Valueinvestor0909 Obviously, it means you have to rely on yourself to ask investors to help fund your growth.