WR1 3.39% 57.0¢ winsome resources limited

"I think Renard decision can be pushed out as far as end of...

  1. 17,044 Posts.
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    "I think Renard decision can be pushed out as far as end of Feb."

    Renard option exercise will cost $52m / 0.49c = 106mil new shares to be issued.

    Renard care and maintenance will cost you guys about $10m every year.

    Add in the studies, exploration, overheads and corporate costs its about $50m p.a to run this joint.

    Then then roads, the capex...piles up endlessly
    Last edited by kevin103: 04/09/24
 
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