RNE 0.00% 0.8¢ renu energy limited

Non Binding! $100m x 0 = 0 Yet the disciples in this thread...

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    Non Binding! $100m x 0 = 0
    Yet the disciples in this thread already counting money in the bank….wow!
    Maybe go back through RNE history of Solar, Bioenergy and Geothermal days to get better understanding of who and what!
    It’s great that some are making money of this round of hype but I’m sad already for those who going to get burned…again!!
    Explain me this then… if this announcement had the value that’s being mistakenly referenced in this thread then why was there no trading halt?

    investment of up to $100 million.. this could mean anything between 0 (zero) and $100m

    The executed Term Sheet is a non-binding, strategic framework that is intended to be converted into definitive arrangements, subject to HESTA completing its due diligence. It sets out the parties’ intention to jointly pursue Green Hydrogen Projects on the terms summarised above and to advance to definitive agreements.

    Maybe throw HESTA a few Cobbers to sweeten the deal
 
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