Was having a nosey at an article from Simply wall street - June 2023 discussing cash burn.
As at December 2022, Renascor Resources had cash of AU$137m and no debt. Importantly, its cash burn was AU$9.8m over the trailing twelve months, so based on todays report $37 million has been consumed since Dec 22. Hopefully the burn will increase as requirements get done and ticked off the list.
Share Price was up in the proceeding 2 weeks by 11%.
Commissioning of the PSG demonstration facility next quarter and Mr Trump should mean an interesting next 12 months.
Securing the $185 million dollar loan from the govt - its got to be pretty positive
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6
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Last
6.5¢ |
Change
0.001(1.56%) |
Mkt cap ! $165.3M |
Open | High | Low | Value | Volume |
6.5¢ | 6.6¢ | 6.3¢ | $104.1K | 1.619M |
Buyers (Bids)
No. | Vol. | Price($) |
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7 | 489157 | 6.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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6.5¢ | 296119 | 1 |
View Market Depth
No. | Vol. | Price($) |
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7 | 489157 | 0.063 |
7 | 601359 | 0.062 |
11 | 855786 | 0.061 |
20 | 1330162 | 0.060 |
4 | 134009 | 0.059 |
Price($) | Vol. | No. |
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0.065 | 296119 | 1 |
0.066 | 100000 | 1 |
0.067 | 184372 | 2 |
0.068 | 198382 | 4 |
0.069 | 464908 | 5 |
Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
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