Ann: October Operational Update, page-12

I am happy with this update. Much more information than usual.

Echo others sentiments here that this is a long term growth story. I mentioned the other day that this is not a 'fast' growing company but they are following their business plan and converting (forecasting) 6GW per month for the forseeable future. A solid company....the type the girlfriend would be happy to take home and introduce to her parents. Unfortunately not exciting the market at present.

I like the line about ongoing revenue sustained until 2025.....not bad. Any GW added in the next 6-7years just adds to the pie.

@snc invest they only collected receipts equiv to 80GW last quarter. Should be close to hitting the magical 100GW equiv in receipts this quarter. Expecting MINIMUM of break even cashflow this quarter.

They still have plently of money in the bank to wait for the right deal regarding debt. Will get better terms when cashflow positive. That being said if they are waiting for this deal prior to more aggressive expansion interstate then they should hurry up and lock something in.

Future still looking good, albiet a slow and steady climb from here.

GLTA