Brief: Hunter Is In Advanced Negotiations On Two Projects Within Maritime Sector

Hunter ASA

09/11/2023 06:41

Nov 9 (Reuters) - Hunter Group ASA  HUNT.OL :
    * COMPLETED FIRST PHASE OF DEVELOPMENT OF A LOW-PRESSURE
MID-STREAM SHIPPING SOLUTION FOR CARBON CAPTURE
    * ENTERING A NEW PHASE WHICH WILL INVOLVE ADAPTING SOLUTION
TO
LATEST IMO AND EU REGULATIONS
    * FIRM LONG-TERM CONTRACTS WILL BE NEEDED BEFORE ANY VESSEL
ORDERS
CAN BE PLACED
    * IN ADVANCED NEGOTIATIONS ON TWO PROJECTS WITHIN MARITIME
SECTOR
    * HAS CASH AND RECEIVABLES OF APPROX. NOK 43M (NOK 1.5 PER
SHARE),
WHICH EQUATES TO A LIQUIDITY RUNWAY OF AROUND 3.5 YEARS.

Source text for Eikon:  ID:nWkr8Wk7xL 
Further company coverage:  HUNT.OL 

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