REC Silicon ASA (RNWEF) Q3 2024 Earnings Call Highlights: Navigating Challenges and Exploring ... [Yahoo! Finance]
REC SLCN ASA UNSP/ADR (RNWEY)
NASDAQ:AMEX Investor Relations:
recsilicon.com/investors
Company Research
Source: Yahoo! Finance
Cash Balance: $23.6 million at the end of the quarter. Operational Turn Down: Moses Lake facility operating at 15% capacity to conserve liquidity. Warning! GuruFocus has detected 4 Warning Signs with RNWEF. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript REC Silicon ASA ( RNWEF ) has signed a multiyear contract with Sila for supplying Silane, indicating potential future revenue streams. The company is actively working on improving product quality to meet original specifications, which could enhance future operational efficiency. REC Silicon ASA is seeing consistent growth in the amount of Silane going into silicon anodes, suggesting a growing market demand. The company is exploring various financing scenarios to ensure liquidity and operational continuity. REC Silicon ASA is in discussions with multiple companies for potential supply agreements, indicating proactive market engagement
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