SIMEC Atlantis has announced interim results showing a strong reduction in operating loss as a result of sales from its ATES division. Non-financial performance in the period was also significant with notable progress on the Uskmouth conversion project. The subsequent months have seen further progress with an agreement to fully fund Uskmouth with a secured loan and fuel supply also de-risked. In our view the company has put itself on a stronger position as it moves forward on several fronts with ....
13 Oct 2020
SIMEC Atlantis - Interims
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SIMEC Atlantis - Interims
SIMEC Atlantis Energy Ltd. (SAE:LON) | 0.8 0 0.0% | Mkt Cap: 6.14m
- Published:
13 Oct 2020 -
Author:
Adam Forsyth -
Pages:
6
SIMEC Atlantis has announced interim results showing a strong reduction in operating loss as a result of sales from its ATES division. Non-financial performance in the period was also significant with notable progress on the Uskmouth conversion project. The subsequent months have seen further progress with an agreement to fully fund Uskmouth with a secured loan and fuel supply also de-risked. In our view the company has put itself on a stronger position as it moves forward on several fronts with ....