Same ball park...give or take, I'd have to go back and review 2016 Ann's to be sure. I first bought at around .31c to .34c June 2016 and if I recall correctly they were at a similar point. I am not a metallurgist etc. but I think the Li processing plant is more complex than that proposed for RNU (correct me if I am wrong)
More shares on issue with PLS as well, RNU will finish up with a few more but less dilution once we reach name plate capacity I would think.
This project is really looking ripe now and that Ann is a significant dent (positive) in the risk profile. I am pretty confident I am in a little earlier with a few more than I hold with PLS. This is a five year minimum hold for me, that can change, but that's my thought today.
RNU Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
