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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: AriKirA who wrote (2192)	6/7/1999 12:00:00 PM
From: speculatingvalue	Read Replies (2) \| Respond to of 6016

The numbers should be really good. They have an 18 million dollar US contract to make heaters (plus some smaller contracts that have come since), but the big problem is they couldn't make them fast enough. They issued a press release at the beginning of the quarter that they had finally ramped up to 200 heaters per month (their target). These numbers should be reflected in this quarter's results. I can't remember the exact number, but I think the heaters sell for $4 000 each. Next quarter should be even better as they have been announcing major thermoelectric generator sales in the last couple months.