Back to RCFX19 Jun 2025 13:40
In the TU they have enough cash/tax credits etc (£2.6mln) to see them for the foreseeable, one director has bought shares this week, 2 founders own 50% between them
This provides a strong backdrop for potential future demand for RC Fornax's services, and indeed, since publication of the SDR, the Company has seen a marked increase in customer engagement. Several previously dormant discussions with major contractors have resumed, and the Company is now progressing a potentially significant partnership with one of the UK's leading defence contractors. The Board is hopeful that this opportunity will deliver material value over the medium to long term.