The group is proposing a small placing of at least £0.775m and £0.25m in CBILS to provide it with a more comfortable level of liquidity as a buffer in advance of what could be a significant recovery next year. The group has made significant strategic steps over the past year, including relocating and expanding facilities as well as significant commercial milestones achieved in the Aerospace and other sectors. While the forecast delay in Oil & Gas revenues is disappointing, it should be a near-te ....
