RNU 2.53% 7.7¢ renascor resources limited

General Discussions, page-348

  1. 8,472 Posts.
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    Oddly enough electrifying vehicles also require (at this stage at least) a lot of lithium. I have some financial interest currently in one speccy (held for about 3 years) with lots of early potential but SP has been anything but impressive mainly due to company being subject to a lot of government red tape and to bad earlier decisions - holders hoping for positive changes. So I know about lack of returns. Also have a holding in a multimetal producer and despite metals prices on the up, the company's SP has fallen against all expectations. Fortunately there have been others that have provided some returns and in much earlier timeframes. Additionally it doesn't hurt to do the occasional quick flip for offset nor to occasionally even sell for a loss and move to better perceived companies. Everyone is different and whatever works on an individual level is what matters. There are times when getting in the earlier part of a story works well just by holding and holding for longer term. Perhaps RNU is one such early unfolding story. Best to you and all holders here.
 
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