Business
LOVI: No deliveries in Q2 led to zero revenue and a net loss, with liquidity secured via new share issue
LOVI: No deliveries in Q2 led to zero revenue and a net loss, with liquidity secured via new share issue
About this update from Lovisagruvan Ab
Q2 2024 saw no ore deliveries, leading to zero revenue and a net loss of -5.0 MSEK, while ore inventory and liquidity were bolstered by a directed share issue. Market uncertainty and ongoing contract negotiations continue to impact operations.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.