I actually wouldn't be surprised if we see a massive re rate. We all know Graphite is a key material for EV batteries and shares similar demand/supply characteristics of lithium market. We've seen lithium miners all re rate substantially in the past 12 months and I believe Graphite is next, and RNU is sitting in prime position.
Have a look at some lithium multi baggers in 2021. (just a random collection). Most of these are not even in production yet. Graphite bull run is next IMO.
GLN : 20c to $2
GL1: 20c to $1.20
PLS: $1 to $3.50
LTR: 30c to $1.80
AGY: 9c to 35c
CXO: 20c to 60c
AVZ: 15c to 90c
AKE: $4 to $11
VUL: $4 to $16
LKE: 8c to $1
LPI: 20c to 55c
SYA: 2c to 15c
PLL: 40c to $1
General Discussions, page-4032
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Last
8.1¢ |
Change
-0.001(1.22%) |
Mkt cap ! $205.8M | |||
| Open | High | Low | Value | Volume |
| 8.2¢ | 8.8¢ | 8.0¢ | $1.340M | 16.20M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 110320 | 8.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 100000 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RNU (ASX) Chart |