RNU
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7.32% 8.8¢ renascor resources limited

General Discussions, page-4367

  1. Bos55
    193 Posts.
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    12/01/22
    23:54
    Post #: 58820240
    $16m cash at end of September. Undoubtedly more cash is required but not before a sale agreement or FID and long lead purchase.

    potentially the company does some infill drilling to upgrade the proven resource but that would just be for advertising purposes to partners and the market. there is enough certainty and quantity that the project stacks up even without needing to drill anymore.
    RNU Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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