RNU 1.41% 7.2¢ renascor resources limited

Ann: BurnVoir Appointed as Financial Adviser for Siviour, page-13

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  1. 714 Posts.
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    I like this part, " we look forward to working closely with them to obtain theoptimal funding mix. As the funding solution is progressively implemented, we anticipateincreased recognition of the underlying value of the project."

    I read this as the plan is partial funding via a customer, part via debt and most likely some via a CR. They can't afford any more dilution at this level so I think the increased recognition will be due to any possible CR being done once DFS is done and there is funding approval in principal for a certain amount via debt and hopefully via a customer. They still have approx $5M in the bank, so a CR is not needed yet.
    All shaping up well, just a matter of time imo before all the planets line up for RNU....
 
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Last
7.2¢
Change
0.001(1.41%)
Mkt cap ! $183.0M
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7.1¢ 7.4¢ 7.1¢ $189.6K 2.599M

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7.3¢ 100000 1
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