RNU 0.00% 7.0¢ renascor resources limited

Ann: Fully Underwritten A$70 million Institutional Placement, page-78

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  1. 1,075 Posts.
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    Even with this CR, I don't believe this will be enough money in the bank to fully build the mine and plant?

    Does anyone know current cost to build our mine from another similar company at the same stage as RNU? I stand corrected if it's enough but if it's not, that means we will still need additional funding in the future so why not get it all done in one hit? I know lithium companies that have $750m in the bank to fund the construction of their mines and plants.
 
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