SIMEC Atlantis’ general update is a helpful overview of the current situation which remains uncertain, principally on permitting for the Uskmouth conversion project. The recent sale of GHR, combined with actions on costs, gives the company working capital headroom to make progress on both Uskmouth and the bidding in the upcoming CfD tidal auction. Further funding is likely and the Board is considering a range of options.
16 Dec 2021
SIMEC Atlantis - Update Gives Helpful Overview
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SIMEC Atlantis - Update Gives Helpful Overview
SIMEC Atlantis Energy Ltd. (SAE:LON) | 0.8 0 0.0% | Mkt Cap: 6.14m
- Published:
16 Dec 2021 -
Author:
Adam Forsyth -
Pages:
3
SIMEC Atlantis’ general update is a helpful overview of the current situation which remains uncertain, principally on permitting for the Uskmouth conversion project. The recent sale of GHR, combined with actions on costs, gives the company working capital headroom to make progress on both Uskmouth and the bidding in the upcoming CfD tidal auction. Further funding is likely and the Board is considering a range of options.