Analyst Research Report Snapshot

Title:

GLOBAL BIOENERGIES - H212 RESULTS BROADLY IN LINE WITH EXPECTATIONS

Price:

$10.00

Provider:

Edison Investment Research

Date:

26 Apr 2013

Pages:

1

Type:

AcrobatPDF

Companies referenced:

ALGBE.PA

Available for Immediate Download
Summary:

Global Bioenergies (GBE) has reported H212 results in line with our forecasts, showing €1.8m of cash flow from its industrial partnerships, further investment in R&D and over €6m of cash on the balance sheet. It is continuing preparations for an industrial pilot later this year to prove the case for its proprietary isobutene process, which is likely to require further capital raising.

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