RNU 2.04% 10.0¢ renascor resources limited

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  1. pc3
    2,301 Posts.
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    I want to add more as well....but I am pretty sure that at some point in the future when the equity buy in occurs that the sp will for a short time work its way back to that price which would be circa .10c give or take. This seems to happen with practically every other stock...in short I do think there will be time to add more, and maybe even a little gift from DC like a sp purchase plan as part of a raise to help facilitate building the mine.

    KB did just that over at PLS early in the year....got a parcel of shares for .36c.

    Track PLS's sp and timelines folks and I reckon RNU will emulate it pretty closely. I'd have a much bigger holding over their if I had of been patient and understood the junior mining cycle a little better.

    All things being equal there is plenty of time to build your RNU holdings, this, for mine is a 3-5 year play.

    It is good to have a few now so that if/when DC throws retail a bone or two you have the chance add a worthwhile amount at whatever discount is worked out by the board as usually your entitlement is pro rata.
 
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10.0¢ 10.0¢ 10.0¢ $15.32K 153.2K

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