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7.0¢ renascor resources limited

Ann: Fully Underwritten A$70 million Institutional Placement, page-160

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Duramax

7,418 Posts.

676

08/12/22

11:16

Post #: 65215982
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Originally posted by sentinel1221: ↑

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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found the construction costing.

Originally posted by sentinel1221: ↑

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.

Expand

RNU Price at posting: 29.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.0¢		Change 0.000(0.00%)		Mkt cap ! $177.9M

Open	High	Low	Value	Volume
7.1¢	7.1¢	6.9¢	$346.1K	4.928M

Buyers (Bids)

No.	Vol.	Price($)
11	564803	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	12885	1

View Market Depth

No.	Vol.	Price($)
10	539803	0.069
7	331703	0.068
5	854551	0.067
4	425451	0.066
16	1167616	0.065

Price($)	Vol.	No.
0.070	12885	1
0.071	205000	2
0.072	340890	3
0.073	554761	7
0.074	750000	4

Last trade - 16.10pm 12/11/2024 (20 minute delay)

RNU (ASX) Chart

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