on OSMOSUN (EPA:ALWTR)
Postponement of the publication of OSMOSUN's annual results
OSMOSUN has announced a postponement of the publication of its 2024 annual results, initially scheduled for April 16, to April 30, 2025, due to unfinalized financial statements. This decision comes at a time when the company estimated it had a cash flow horizon extending to July 2025. OSMOSUN is actively evaluating options to extend this deadline.
The company, which specializes in solar-powered desalination of sea and brackish water, continues to position itself as an economical and innovative player in the low-carbon market. This postponement perhaps highlights the challenges faced by OSMOSUN, while also reflecting its commitment to ensuring accurate and transparent communication.
R. E.
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