RNU 1.25% 7.9¢ renascor resources limited

I love your optimism.is it in our best interest to be giving...

  1. 234 Posts.
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    I love your optimism.

    is it in our best interest to be giving away a portion of the company for financing?

    The offer POSCO gave to BKT isn't something to be stoked about. I wonder if POSCO is not the company we want to be partnered with and I for one would be severely disappointed if the company gets prostituted out. To me it sounds like BKT holders were waiting for this 'f* yeah' announcement when really they just got f*ed.

    We would then, in that situation, be replacing the Chinese with the Koreans. Would be great if this got off the ground as a Australian owned company providing for the world and employing Australians as called out by the Aus government on multiple occasions.

    imagine a 20% stake for a 40 year mine in RNU for 40 million equity + share dilution. Terrible.



 
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