Just a couple of brief points:
1) RNU has $125m cash
2) RNU has all permits already approved to mine
3) RNU now owns the land it will be mining on (someone on that forum suggested it cost $3.4m. Not sure if accurate)
4) RNU has $185m loan offer from government (subject to some conditions precedent).
Both need to sign OTAs.
I'm in both companies, but just some additional points to help explain MC variance.
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Mkt cap ! $18.38M |
Open | High | Low | Value | Volume |
8.7¢ | 9.5¢ | 8.7¢ | $21.57K | 241.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11949 | 9.3¢ |
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Price($) | Vol. | No. |
---|---|---|
9.4¢ | 63694 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 21949 | 0.093 |
2 | 65568 | 0.089 |
1 | 5813 | 0.086 |
2 | 543035 | 0.085 |
1 | 50000 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 63694 | 2 |
0.096 | 63208 | 2 |
0.097 | 100475 | 2 |
0.099 | 11202 | 1 |
0.100 | 127027 | 3 |
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