Malceys comments on the RNS10 Apr 2023 15:16
The Q4 performance by GGL is a joy to behold and no surprise that CEO Tom Reynolds is ‘delighted’ as it was a cracking delivery of numbers Q4/Q4, and enhanced by ‘operational efficiencies and strong revenues arising from NIROC certificates in December 2022’.
As I have said a number of times following conversations with Tom Reynolds, the good news about this is that the value uplift is a repeatable model that can and will be applied on future plants added to the portfolio in due course, that second plant looks like it is expected ‘in coming months’ which is further good news.
With this and the progress at Ruvuma, I am convinced that Scirocco is making good progress on all fronts and that shareholders will be well rewarded by staying onboard this recovery situation.