RNU 1.12% 8.8¢ renascor resources limited

General Discussions, page-18387

  1. 98 Posts.
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    I think NZFlyer made some solid discussion points. Key concern here is RNU's indicated margin, i view it as a a valid concern.
    RNU's future is not PSG, nor stage 2, of which margin is still too low ($3k - $2k = $1k, noting selling price is always over-stated while cost constantly under-estimated for all junior miners).
    As you mentioned, it is the processed anode, or coated product of which IP is controlled by Chinese, Koreans and Japanese that will become the game changer to RNU. Coated products' selling price vary between $5k to $8k.
    We need IP, Koreans and Japanese need reliable & strategic long term suppliers outside China. We balance this out, we will follow the similar path of Australia's first successful rare earth producer.
    The battery material stocks are all down by 40-50%, we keep analysing risks as a going-concern, it never hurts; but no need to be panic just because the poor overall market performance.
    Last edited by gorry12: 30/12/22
 
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