RNU 1.15% 8.8¢ renascor resources limited

Ann: Renascor Secures BAM Site from SA Government-Owned Utility, page-179

  1. 16,039 Posts.
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    Too funny Noturfault,

    you think me telling one of the bulls 2 years ago, RNU has not obtained all of the Graphite Mines approvals is downramping, Sorry this is just stupidity, Downramping is when you are providing false and misleading information. Can you find any posts of mine which are not factual?

    RNU SP has done very well over the past 2 year, this doesn't mean the project is going to be successful or get into production or that my time frames are not accurate.

    @wottagunn You can use a companies DFS where it quotes the NPV, at the moment RNU is trading at 56% of its future value - $713mil. RNU was trading higher than this only a few months ago.

    What we know RNU is likely to take 2 years from obtaining its PSG site approvals, then they have another 12-24 months construction provided it can tick all of those conditions required to gain access to the Australian Governments loan. RNU is likely 3-5 years away from getting into full production where you might see a 100% gain.



 
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