Aug. 26 at 9:30 PM
$CWGYF For long time followers the call last night didn't provide a lot of new information.
A couple things that were relevant:
- Carnegie isn't just hiting milestones for ACHIEVE, they are the clear 1st place participant.
- They are planning to manufacture and do O&M contracts, not actually operate the CETO or MoorPower systems themselves. Not surprising but good to hear directly
- They described the revenue generation process a bit, and indicated that revenue for the company starts at the beginning of a contract. For example, if a location contracts for 5 MW of power, Carnegie starts getting paid at the outset, not when the system is up and running. This means they may be closer to real revenue than I thought
- They said they feel like they are near the point where similar companies started to see spikes in valuation. Take that with all the salt, but interesting to hear
If any of the followers have other insights I'd be intersted to hear them