RNU 0.57% 8.7¢ renascor resources limited

General Discussions, page-402

  1. 8,449 Posts.
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    The two weeks is up. It's hard to predict SP movements - as evidenced by your call. However, I'd say once binding agreements are announced your call of 10c may be a little undercooked - but like yourself, I'm possibly open to being wrong. One step at a time.

    RNU will play an important role in the supply chain.

    What is certain is the push for securing battery materials supplies - binding offtakes shouldn't be too far away and if one looks at other companies achieving such milestones, market generally react very favourable.

    So far Australia appears to have been dragging it's feet in getting on board with vehicular electrification - but that is bound to change as the tide increases globally as we tend to follow eventually. Just a opinion.
 
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