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6.7¢ renaissance minerals limited

RNS/EMR Arbitrage., page-15

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slange

10,761 Posts.

4324

08/06/16

18:59

Post #: 17987903
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Originally posted by beanpea ↑

That would be a shame if they did , take over, as RNS has done all the work in Cambodia with the government and communities. But that,s the risks a business takes when they have to look around for finance, and there is no sentiment in business. Takeovers are usually good for shareholders. It may never happen anyway. On the other hand EMR directors and the upper top 10 shareholders are highly experienced and hard nosed individuals who may press for such an outcome.

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I think they need to prove that a bigger resource is there.
If that happens then things will get a lot more interesting for RNS

RNS Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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