RNU 6.82% 9.4¢ renascor resources limited

General Discussions, page-27155

  1. 435 Posts.
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    Hi @Swiftbite you are not mistaken. RNU could qualify for a grant due to being 100% Australian owned and also due to the AUSFTA.

    If the West wants to break China's 99% supply grip on critical and other minerals (and everything I read supports that) then it is in the US and Australian governments best interests to support companies such as RNU - ASAP.

    I have read, and heard, DC mention RNU's $AU185m loan on multiple occasions in the last fortnight saying that if it were a grant then RNU would be in construction right now. That makes me think... we may not be too far away (well only $AU185m away presently).

    Time for the governments to grow some backbone and get things moving IMO

    I am sure we all remember the bollocks that was China as a single point of failure for so many products and supplies during the COVID pandemic shutdowns... I would not like to see that happen again.

    GLTAH DYOR
 
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