RNX
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0.00% 0.7¢ renegade exploration limited

I doubt there will be anything of significance given their...

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  1. asteroider
    17,111 Posts.
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    08/01/19
    14:54
    Post #: 37057563
    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.
    RNX Price at posting: 0.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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