Delorean Corporation Ltd (AU:DEL) has released an update.
Delorean Corporation Limited is advancing its bioenergy infrastructure projects, with construction on the $53m Yarra Valley Water project underway and significant progress in partnership with Brickworks. The company has secured a $5 million grant for its QLD1 project, and received R&D tax refunds and LGC shortfall refunds bolstering its cash balance to $6.8m. Delorean’s renewable gas product continues to see strong demand in a market short on supply.
For further insights into AU:DEL stock, check out TipRanks’ Stock Analysis page.
