GREY:RNKLF - Post by User
Comment by
pierregon Mar 22, 2019 7:47pm
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Post# 29525822
RE:RE:Rnx
RE:RE:Rnx goldhunter11 & arh0070 as per @lexcon on CEO.ca March 22nd 2019 a correction:
«@PierreG01599501 per the goldhunter11 comment
from SH. Although the capex is over $1B dollars ($1.2 last reported) the fact is as a 28% partner of the JV, RNX would only be responsible for 28% of that if it was split between partners. But since it is a separate JV, if RNX spins off
their 28% to the current RNX shareholders in a "newco", then the Dumont JV itself would be the entity seeking funding, not RNX. Plus, the other JV partner, Waterton has some deep pockets and plenty of access to capital
funding. »