RNU 1.27% 8.0¢ renascor resources limited

Ann: A$185M Government Loan Approved for Upstream Graphite Mine, page-149

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  1. 612 Posts.
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    Were you of the understanding that the original loan was for the downstream part of the project? Dont say yes, cause i wont believe you.
    It has never been discussed as such on these threads ( yes ive been here for just on 4 years). Which then leads to the question, how were they going to fund the construction of the mine. It has always been discussed that we raised $70 mil and RNU had access to the $185 loan. Well, bugger me. Well it turns out that we didnt have access to this loan.
    Oh ive gone back thru the threads. We supposedly always had stage 1 covered but would prob require an equity party for the PSG facility. Now it seems we prob wouldve required another CR.
    Oh and i aint young. But thanks for the thought.
 
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