My "bet" is also Bioenergy but to what scale. We know 1.27M was raised plus the 2.8M from sale of Goulburn.
Without any consideration to AJBush sale they should have 4 million roughly to represent 30% stake and RIWIF the remaining 70%
Therefore theoretically RNE could enter into Bio projects to approximate value 13 million straight up which is 2 x Goulburn Installation. We already seen Katanning referenced.
What I've been "suggesting" lately is that there is more to this, maybe there is more ARENA action on the way which can explain the time its taking....who knows!
Suggesting administration is the last thing I would be expecting and don't know what would be the driver for this line of thinking.
We have revenues from 4 shopping centers (although remaining 3 still not announced online) 30% of Goulburn and also AJ Bush... would have seen positive EBITDA if it were not for selling Goulburn asset!
For crying out loud RNE... let us know already.. my hard earned is hanging on this
My "bet" is also Bioenergy but to what scale. We know 1.27M was...
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