Mate,
This news is no surprise and company like RAU that has no income will need working capital and they will always need more money to pay all costs incured in doing their everyday business activities.
It looks that they have carculated that they need money to last till BFS is finalised and then for financiers to look at BFS and take more time for them to satisfy themselves before commiting to the CAPITAL RAU needs to get the project into production.
I don't see any problem with this and hey this is the reality that we are dealing with and the risk is always there and remember at this stage RAU has no DEBT yes no debt and not many companies have no debt and they have assets so again it is a waiting game.
Waiting game for BFS to be completed and for BIG FINANCIER to put in all capital that RAU need for the project and for RAU to confirm this and make ann......and lets see if sp would still be 2c then.
This is just a warming up!!!
Cheers,
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