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.
RNU Price at posting:
8.7¢ Sentiment: Hold Disclosure: Held
