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7.2¢ renascor resources limited

Ann: Half Yearly Report and Accounts, page-3

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shrips

298 Posts.

13/03/19

21:22

Post #: 37753236
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Originally posted by Sumares: ↑

Roughly 3M cash burn over the 6 month period with 5M in cash & equivalents at 31 December (4.5M net of accounts payable).

Assuming the cash burn continues at a similar rate we should have 3M in cash when the DFS and (maybe) the mining lease are completed.

Does anyone know if cash burn typically ramps up towards the end of a DFS?

Seems that the board has done a good job in budgeting their DFS and PFS after the last capital raise.

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cash burn is a worry if it keeps going at that rate.
In 6 months we will need another cap raise which means further dilution unless funding is announced soon

Critical times for RNU....

RNU Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 7.2¢		Change 0.003(4.35%)		Mkt cap ! $223.6M

Open	High	Low	Value	Volume
7.0¢	7.6¢	6.9¢	$561.8K	7.777M

Buyers (Bids)

No.	Vol.	Price($)
3	331813	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	70445	1

View Market Depth

No.	Vol.	Price($)
1	126315	0.096
3	163394	0.095
1	10000	0.094
1	50000	0.093
2	150000	0.092

Price($)	Vol.	No.
0.099	90000	1
0.100	1024293	2
0.105	1077076	22
0.110	1141932	15
0.115	997986	13

Last trade - 16.10pm 18/11/2024 (20 minute delay)

RNU (ASX) Chart