RNU 5.38% 9.8¢ renascor resources limited

Needs to get on faster with construction, there’s money in the...

  1. 912 Posts.
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    Needs to get on faster with construction, there’s money in the bank. Where are they at with design, early works, long lead procurements. These things can all be progressed without offtake certainty. Imo this company and it’s MDs inertia to take some low risk but bold steps could be the bigger inhibitor of shareholder value

    You need to be in production when prices spike back not wait for prices to recover before you make FID/any meaningful moves it will be too late by then

    The glacial pace of management just shows they are too conservative and not up for the task

    It’s shareholder money in the bank, I would endorse it being applied to delivery at a faster pace
 
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