Hi Trades, BRU did a raise on 30/9 that’s not included in your cash figure as end of September. I will leave you to look it up to improve your research skills.
Back to RNU, I guess that’s the Boards dilemma, do they risk those shareholder funds in a competitive graphite market and risk losing the lot plus any further raisings or debt they may need.
What graphite expertise do they have that will improve their chances , or should they look for a new project? Will funders even finance it under current conditions?
Ann: Notice of Annual General Meeting/Proxy Form, page-39
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