RNU renascor resources limited

General Discussions, page-35907

  1. 19,346 Posts.
    lightbulb Created with Sketch. 1474
    Hi Inside, oh deary me, many Australian based resources companies also go into Administration as they are subject to Tier 1 Australia's insolvency laws, not many come out intact as Tier 1 Australian laws highly favour the creditors and corporate vultures who have quick access to funds.

    But of course not a problem for RNU currently whilst it has that $107m in the bank, just correcting your misinformation re Administrations.
    Last edited by Names little: Yesterday, 08:03
 
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