RNX 0.00% 0.7¢ renegade exploration limited

Ann: Securities Released from Escrow, page-5

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  1. 17,111 Posts.
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    I doubt there will be anything of significance given their interpretation of the geology to date.

    My best guess is they will now move to make the acquisition despite results for a huge dilution at the lowest historic price after which the cash will be run down to zero whilst the project is 'on the books' and being studied after which a new acquisition will be made for another dilution and discounted capital raise to keep the company going for another couple of years.
 
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