RLT 2.31% 88.5¢ renergen limited

Ann: Appointment of Underwriter and Share Dealing, page-71

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  1. 2,194 Posts.
    lightbulb Created with Sketch. 162
    With this pledge of their shares (up to the value of 155m ZAR) at current cash burn rate of approximately 8m ZAR per month gives us a 19month runway before standard bank take the farm.

    Hopefully they will sort their shit out and sell some helium
    beofre then and get some cash from the IPO and possible 5% of tera4 sale.

    in the meantime we sit and wait like good little shareholders.

 
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