RNX 0.00% 0.7¢ renegade exploration limited

Ann: Quarterly Activities & Cashflow Report, page-2

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  1. 17,111 Posts.
    lightbulb Created with Sketch. 30
    I see still engaged with parties to turn the close to $50m investment to date into the Yukon into a likely manifestly small return.
    It is likely going to go to private equity because I have seen the way the market works: Overpriced junk 'assets' tend to get get vended into public companies, and undervalued de-risked projects tend to get vended out at a huge discount to the funds the public shareholders put into them.
    Last edited by asteroider: 31/10/18
 
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