RNX 0.00% 1.0¢ renegade exploration limited

quarterly and cashflow report review, page-5

  1. 3,351 Posts.
    Indeed,
    they have now confirmed a bigger project due to the size of the Darcy deposit. Being in such close proximity to their main open pit [Andrew deposit], the numbers will surely become much more economic and provide a substantial change in the NPV and cashflow to OVR.

    Be ready to see a higher resource figure, an increase in the life of mine, better cutoff grades and a higher then 174 million cashflow from the Yukon Base Metals project. Due to the inclusion of the Darcy in the schedule, they will have to ensure the environment assessment criteria is also fulfilled and tabulated into the BFS. Once the BFS is complete, financing for infrastructure build is next...

    Interesting times ahead.
 
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