General Discussions, page-21620

Not sure why you seem to think we are behind schedule with construction and until we hear otherwise I will expect we are still tracking well.

In October DC advised me via email that:

“In any case, at this stage, I don’t think we are very far away. Further, I don’t expect the rather time consuming PEPR process to put us off schedule – we are still completing work of the updated BAM study.”


Then in December during the last raise he advised me:

”We believe having this additional cash puts Renascor in a stronger position where we are able to reach FID faster and deliver on the project. This applies not just in the first phase, but it gives us an early-mover advantage and will enable the best return as we continue to de-risk through final development stages into construction, operation and expansionI am not sure why you keep raising the possibility that construction is not in target?”


So we can speculate all we like but under continuous disclosure rules if the BOD thought we were delayed they would likely have advised the ASX before now.

10x