RNX 0.00% 0.9¢ renegade exploration limited

mine development, page-3

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    Fortunately, if they come out and say; "oh by the way, the mine is uneconomic so we are delaying permitting and development", the share price cannot fall much further after an 80% decline on no news so far. Given the 80% decline to date and the stampede for the exits by North american institutions, it would not be too big a surprise if 'suddenly' the project was no longer viable. Well, maybe only a surprise to the retail investors!
 
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