RCF must have had great prospects in the company . It seems it...

RCF must have had great prospects in the company .
It seems it also had to pay out a $60m debt and wear a carried forward net loss of $86m… And The Australian wrote shares had dropped from $15 each to 34c before the takeover was recommended ..
https://www.australianmining.com.au/resource-capital-fund-to-acquire-ausenco/

Still I agree; not a bad return from that investment by fund VI.
Which seems to be a completely different animal to the fund invested here.

It doesn’t look as though it’s suddenly going to try to takeover the Murchison Vanadium grounds to me:
https://resourcecapitalfunds.com/strategies/opportunities/

I’ll post photos of the page in the next post for those shy of links.

Anyway thanks again for your useful posts my247shop.

cheers