Cheddar head, I have told you many times that I have never recommended nor have I ever owned CPST. If you can find a post where I did, please show it now or forever hold your peace. Natural gas CCGT and Combustion Turbines do rule the world of new power generation in the US, although Wind and Solar are catching up fast. Sadly Fool Cells do even rate a mention. Read it an weep dope. LOL
Poor TruckerSuckerShanty, he has lost it all on FoolCell and has a miserable life so he bashes everyone. He has been Donkey Punched soooooooo many times, He can't post anything intelligent. Just another back door boy trying to "earn" it back on his knees. Go get em Donkey. LOL
TruckerSuckerShanty, did you spend the whole day being Donkey Punched? I see you still have nothing intelligent to say, so you come here to blame others for your foolish mistakes and your miserable life. Go back to your pink cardboard box and play with the other Back door boys. Just keep your helmet on Donkey. LOL
I'll take this as your admission that you do not know more about public procurement than I do. I won and you lost, AGAIN! LOL
You are soooooo funny. LIPA is a public utility and will be responsive to the residents. You can clearly see the residents want wind. No one said a word about wanting Fool Cells. You think you know more than I do about public procurement? Prove it Back door boy, I am the one who is finding the information, correctly interpreting it and bringing it to the board. The only way it makes sense to put in an offshore wind farm is to put in a lot of it. The proposed Long Island wind farm can accommodate 200mw. So if and when the next LIPA RFP comes out, Wind will be in the cat bird seat to take it all. Nothing will be left for Fool Cells which as we all know based their proposals on natural gas that apparently does not meet the RFP renewable requirement pukes out CO2 and will never pass muster with the vocal environmentalists. Facts are Facts, Chippy's Fool Cells have no chance. You are just another one of Chippy's stuck bagholder Howler monkeys throwing your feces. LOL
At the Long Island Power Authority board meeting in Uniondale on Dec. 17, 2014, East End residents and Suffolk County environmentalists faulted LIPA for rejecting an offshore wind farm project and for failing to make good on its plan to issue 280 megawatts of green energy. (Credit: Barry Sloan)
We want Wind! We want Wind! We want Wind! LOL
Based on What? Hope based on your waterlogged bag is not going to sway LIPA. Wind seem to be the one the public wants. Haven't heard anyone but bagholders crying for fool cells. LOL
As Expected the Chippy lover monkeys throw their Feces
I see we do agree that no bank will lend to them
POSCO royalty will not help them maintain their production run rate. and while the will have a couple more quarters of the low margin kit contracts. I also expect that POSCO will not be buying more as they did last quarter in order to build a backlog for their facility.
You seem to think there FoolCells projects are not dependent on government subsidies. You are clearly wrong, although they could have closed loop projects qualify under PTC. That seems to be going away. Other Federal, State and Local subsidies are needed to make projects viable and no bank can count on them continuing over the term of a loan.
I see we do agree that Customers are concerned with the ability of FOOLCell to make good on warranty claims and to supply replacement stacks and maintenance.
They are obviously struggling to maintain the 70mw run rate, which is why the product backlog has fallen each quarter this year. We will see what happens in 2.5 Quarters, but I would not bet on FoolCell.
They LOST the LIPA RFP full stop. Yes another RFP process will likely be started, but there is no reason to believe they will be anymore successful based on what has been released by LIPA and by FoolCell.
I think everyone understands the amount of space FOOLCells require vs. Solar.
I think I have studied much more than you.
The low level of real world financial understanding on this board is indeed staggering low. First Fool Cell has zero ability to borrow at reasonable rates. Why? Because they have never been profitable or cash flow positive, and their fundamental business is totally dependent on POSCO which is going away in 6 months. Second their product is totally dependent on Government subsidies which can be pulled at anytime. No Bank will lend to them and in fact they have to put up cash just to get letters of credit. As you heard in the conference call they have been forced to put up cash in order to sell units to customers because of the technology risk inherent in their product leaves customers concerned that they will not be around for the next 20 years to provide the replacement stacks and other maintenance the units will require over their economic life. Third there is substantial excess manufacturing capacity for molten carbonate fool cells. FoolCell is struggling to maintain a 70mw production rate so there is 30% idle capacity now and that will grow substantially when the 100mw POSCO facility comes on line. With no market traction anywhere outside Korea, Chippy will not even hazard a guess as to when if ever the phase II manufacturing expansion will be needed. Finally, With the loss of the LIPA contracts Chippy has nothing that is anywhere close to being closed. His claimed $1.5 Billion pipeline is a complete joke. With the continuous lies that Chippy has told this year starting with the annual meeting and culminating with the LIPA debacle, Chippy has lost all credibility and the board will be under considerable pressure to replace him prior to the annual meeting. Mean time expect the share price to grind lower as long time frustrated bagholders throw in the towel and Shorts press their advantage.
Well they got $2.39 per share from NRG. Looking pretty smart right now. Why don't you ask Chippy to use the cash they received to do a buy back to shrink the float? They could get 1.5 shares back for each one they issued to NRG. Never happen, Chippy wants to make sure his paycheck clears. LOL
TruckerSuckerShanty go back to your pink card board box and play with the Back Door Boys. You are a stuck one eyed snake charmer bagholder with nothing intelligent to say, ever. Your sad life is not my problem. Its yours. If you really want to clog up the board today with you mindless banter, just leave me out of it. LOL
Sounds like you are going to troll for more TruckerstosuckShanty. What a low life loser you are. I can't believe you let Forrest talk you into FoolCell. Go get em Donkey. LOL
TruckerSuckerShanty has lost it all expect for his azz. The managed to keep his moneymaker. He loves to be Donkey Punched. LOL
TruckerSuckerShanty why don't you tell us how much money you have lost on FoolCell? No wonder you have to suckitup. Go Donkey. LOL
TruckerSuckerShanty, If you just kept you mouth shut no one would know you are a moron. You should really only open it when you have a customer. Go get em Donkey. LOL
Dream on Johnny, New lows coming. LIPA slammed Fool Cells and gave Solar a big wet kiss. This was the best thing Chippy had "in hand", and he had no clue. What do you think the conversion percentage will be on the fantasy $1.5 billion pipeline? Here's a hint, you are going to need more digits to the right of the decimal point on your calculator to get a significant digit. Did Kurt ever get back to you on your advice regarding Cramer? LOL