RNU 2.27% 9.0¢ renascor resources limited

Ann: Trading Halt, page-111

  1. 206 Posts.
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    Financing:
    • In February 2022 the Australian Government, through Export Finance Australia (EFA), conditionally
    approved an A$185 million loan facility to support the development of the Project5

    • The Company and EFA are targeting to conclude formal loan facility and security documentation
    in mid-2022

    That was from project update ann on 28/3/22

    This raise may have always been in the works as I think I remember DC saying quite a while back, something along the lines of - we need to get the share price up a bit, this was when SP was around 12-15c if I recall properly. You might be right, this might have been in the pipe, waiting for the right SP. In all the recent announcements for loans etc I forgot about that. Does anyone else remember something similar?
 
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