That is the good thing about RNU at the moment, they have $108M cash so are in the enviable position of being able to progress on terms that best suit the company and shareholders..
Benchmark this against BRU for example, who have $7.5M of cash and are burning $3M a quarter. Yikes. No wonder they are 'rationalising'. When do you reckon their next cap raise is? Before Christmas? and what do you think the share price will be, 2.0c?
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