As a footnote to the previous post,
the company has NO DEBT and has made full use of their current funds methodically. It is nice to see that the management have allocated 82 percent of their funds to exploration and feasibility work and only used 18 percent on administrative costs.
Fantastic outcome. The company has enough in its coffers for another 2 quarters. That is, till feasibility completion. Once feasibility is completed, they will be able to obtain their debt financing from Macquarie to move to mine the project.
not invest at your own peril, page-2
-
- There are more pages in this discussion • 66 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RNX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.002(20.0%) |
Mkt cap ! $15.36M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $61.62K | 5.463M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 890250 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1549099 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RNX (ASX) Chart |