RNU 3.16% 9.8¢ renascor resources limited

General Discussions, page-31089

  1. 918 Posts.
    lightbulb Created with Sketch. 92
    HAHAHAHA !, Yeh, they dont have gov. loan funding, they dont hold $110+mill in cash (only 1.4mill), they dont have or taken as further steps as RNU to date, have a non binding agreement with Exim bank of US who could possibly agree to a $300mill loan. They have 2 quarters of funding left.

    I seriously doubt Australian gov will allow 2 x graphite producing factories at arms length away, therefore given RNUs steps forward ahead of QGL, I can only expect QGL would request a binding agreement to utilise RNUs processing factory.

    Therefore RNU still steps ahead in my view.

    So best you take your opinions and ramping elsewhere.
 
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