Great validation on the potential size of the market.
This reduces the capital requirements from RNE for new projects.
Also positions us as service providers able to charge a fee to scope, build, maintain etc.
Unlocks some capital of existing projects to go towards others, less likely a capital raise is needed in the short term now.
This will throw out the estimates for cash flow positive / neutral though.
Overall seems like a good deal. Still TBC though!
Ann: Head of Terms to fund $100m bioenergy business development, page-3
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Last
0.2¢ |
Change
0.001(100%) |
Mkt cap ! $1.690M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $6.555K | 3.280M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 122 | 216619461 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 16643123 | 17 |
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| Last trade - 13.25pm 14/10/2024 (20 minute delay) ? |
| RNE (ASX) Chart |