RE:Yikes - QST still can't get it right or finished!!! While disappointing I don't think this is that material. As for costs, I don't think they would have assets down there twiddling their thumbs and burning funds. They previously took a $500k provision that was not added to in this announcement. The only negative is delaying the final revenue and potentially additional financing costs but given their balance sheet....
the two items causing this delay are component delays (welcome to the new world of supply) and the inability of the customer to create heat conditions to do final testing. So nothing that QST has done. We will get past this and hopefully they learn how to construct the next contract to protect them.
looking forward to 2023 when we should start to see more sales and rentals driven by US and Canadian ESG regulations