RNU 4.55% 10.5¢ renascor resources limited

With $128M in cash, 2.53B SOI - RNU have a cash backing of 5.1...

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    With $128M in cash, 2.53B SOI - RNU have a cash backing of 5.1 cents per share which is 53% of the current SP. It seems quite strange to be hanging down at these low levels considering the cash backing what.png

    Anyway I am hoping that RNU can organise some Government backed agency funding such as Export Development Canada (EDC) or the German Export Credit Agency (ECA). They have worked with German companies before, Dorfner ANZAPLAN for their flowsheet and may need German equipment (??) - helps with ECA funding apparently.

    Need to get a move on RNU .........................
 
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