RCR rincon resources limited

Ann: RCR Prospectus - Entitlement Offer, page-59

  1. 236 Posts.
    lightbulb Created with Sketch. 92
    Agree, the foray into solar clearly hasn't worked for them and with the benefit of hindsight, fell outside their area of competence.

    The reason I ponied up for the rights issue is their clear expertise in mining and oil and gas projects. Certainly in the past, they had a good business in this sector and with the recent resurgence in commodity prices hopefully they'll have a good run of work over the next few years. Hopefully this will be profitable if they can manage the projects properly!
 
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