RNU renascor resources limited

RNU VS SYR - What am I missing?

  1. 95 Posts.
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    Hi All,

    With RNU's market cap closing trade at 650m+ mark, I'm starting to wonder, what is RNU actually worth? How much further can it run?
    I hold RNU but not SYR.

    I'm currently evaluating SYR and seemed a little puzzled by each market cap.
    • Market cap just shy of 1.2b so double RNU
    • SYR has almost double the Graphite Mineral Resource as RNU
    • SYR has double the proposed processing capacity
    • Similar cost per ton
    • SYR 50 year mine life vs 40 with RNU
    • SYR is currently mining and processing - ramp-up phase.
    • SYR's mine is in Mozambique (Ok this is the largest uncertainty I see). Processing in Louisiana.
    If I have messed up or misinformed any of these figures please correct me,

    As I understand it, RNU is still realistically two years away at best from any real mining /processing operation.

    This makes me feel, RNU is highly overvalued OR SYR is highly undervalued?

    Please help!
 
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(20min delay)
Last
6.0¢
Change
0.003(5.26%)
Mkt cap ! $147.5M
Open High Low Value Volume
5.8¢ 6.0¢ 5.8¢ $83.90K 1.416M

Buyers (Bids)

No. Vol. Price($)
5 93194 5.8¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 371186 9
View Market Depth
Last trade - 15.25pm 10/07/2025 (20 minute delay) ?
RNU (ASX) Chart
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