RNU 2.27% 8.6¢ renascor resources limited

General Discussions, page-26607

  1. 2,201 Posts.
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    The major consolation for me is that those saying it will never get to $2 will absolutely be out before that happens.

    And when it goes well past that level that I am 100% certain it will, they can bitch and moan how over priced RNU is.

    $5B market cap once this is in production, every day of the week baby.

    What they fail to understand is that graphite is the largest component of a lithium ion battery, AND its also the cheapest component. So the price has the ability to 5X from here and still not affect the end cost of a battery in a substantial way.

    Hence when you overlay the impeding global shortfall in graphite supply, lets not even talk PSG.....come December 1, things here are going to blow sky high.

    20c by week end for sure IMO.

    10x
 
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