What does this mean????????16 Dec 2019 22:28
The LOI is one of the orders that was referred to in the Company's announcement on 31 October 2019. The other orders are still being negotiated and have not been awarded to date. As a result of the delays in the award of these contracts the Company anticipate that operating cost savings will be approximately £0.8 million per annum rather than £0.48 million previously reported on 13 May 2019. The Board anticipate that these in year cost savings will provide further benefit into 2020, and anticipate the savings to increase by a further £1.2 million per annum for 2020.
Confused - You will be........................