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Ann: DL E&C Co Ltd (Daelim) takes 9% strategic investment in NRZ, page-13

  1. J L
    1,710 Posts.
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    23/06/22
    11:12
    Post #: 62156476
    This is very welcome and timely news. Confidence in the project and an injection of cash.

    However it is not an "Investor Presentation" which is long overdue.

    This injection of cash might only bridge the FID slippage, the gap between September 22 and "early next year".

    All in all, welcome news. By the way, shares on issue will now be about one billion. Dilution. J L.
    NRZ Price at posting: 17.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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