16
Nov
16:52
ABTC's loss widens as it moves closer to revenue generation
Nevada-based American Battery Technology Company posted a net loss of $7.2 million for the first quarter of financial year 2024, but says it is achieving “key milestones towards revenue-generating operations.”
The wider net loss, compared to $2.4m in Q1 FY23, reflects the company’s higher expenditure. Between the property acquisition and the facility’s construction, equipment and water rights, ABTC used $7.3m of its cash in Q1 FY24, up fro…
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Anonymous
Very good overview of the weekly steel market.
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