ZEN zenith energy limited
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Oct 3 (Reuters) - Zenith Energy Ltd (ZEN) : UPDATES ON POWER...

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    03/10/19
    11:40
    Post #: 40704338

    Oct 3 (Reuters) - Zenith Energy Ltd (ZEN) :

    • UPDATES ON POWER PURCHASE AGREEMENT WITH GNT RESOURCES
    • CONSIDERED IMPACT OF REMOVAL OF GASCOYNE CONTRACT ENTIRELY & PROVIDED WORST-CASE IMPACT OF ABOUT $2M REDUCTION IN EBITDA FOR FY20
    • ADVERSE IMPACT TO FY20 EARNINGS FROM GASCOYNE VOLUNTARY ADMINISTRATION LIKELY TO BE MATERIALLY LESS THAN SCENARIO OUTLINED PREVIOUSLY
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