RNU News: Companies Like Renascor Resources (ASX:RNU) Are In A Position To Invest In Growth - 7th May 2023, 9:56am

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Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.

So should Renascor Resources (ASX:RNU) shareholders be worried about its cash burn? In this report, we will consider the company's annual negative free c...

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