In SYR's quarterly presentation (25/07/2024) their latest price per tonne was US$735 which bodes well for RNU. It will fluctuate per quarter so this waiting for higher prices seems rather odd.
I know RNU is an "estimated" low cost potential producer (going by their DFS) but they need to get the costs lower such that they can withstand price fluctuations on a quarterly basis. Poor policies have made us a high cost country ..........
The CCP (China) is waging economic warfare - look at nickel, iron ore, lithium, graphite, etc and I don't believe they will stop - AU needs to adjust and we need to move the economy away from the "dig" economy .........
Good to see the Demo's polling well against the orange turd- should bode well for EVs moving forwards ..........
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