Disappointing Morris & Co9 Jul 2021 11:03
As set out in the Trading Updates, unless and until the Argentinean Government resolves the problems and challenges caused by the changes to the spot energy tariffs for electricity the Company will continue to face significant working capital pressures. The Directors continue to explore potential funding opportunities including the sale of its other assets, and in particular, the Frame 6B turbine in Chile and the 701 turbines situated in Italy.
As Gordon let us know , The BoD continually disappoint and the downspin continues.
Best of
Best of