RNX 0.00% 1.0¢ renegade exploration limited

I agree with pretty much everything outlined here as the...

  1. 19,004 Posts.
    lightbulb Created with Sketch. 172
    I agree with pretty much everything outlined here as the approach to be taken by this board.

    It all sounds prudent on paper, but I will believe it when I see it!

    EIM is also going to have to make a case for how it proposes the company progresses in conjunction with any new board members it proposes in ~90 days.

    So: 'not jeopardising the companies assets'. I presume then that Andrew is going to be kept on the books and not 'substantially' written off and any acquisition (presuming shares if cash is to be preserved) will account at least in part for the existing asset value of Andrew? This is KEY as most scam operations in WA will simply dilute shareholders after writing down all the assets to zero and issuing a billion shares for a new project.

    'Cost effectively explore' This is really breaking new ground for OVR as I have never considered that they have been cost effective in exploration to date. Specifically the last campaign was like raking a pile of $100 bills together and setting fire to it.

    Sounds mildly promising.

    Can this leopard change it's spots?
 
watchlist Created with Sketch. Add RNX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.