RNU 2.27% 8.6¢ renascor resources limited

Ann: Siviour Battery Anode Material Project - Project Update, page-223

  1. 16,204 Posts.
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    You missed the point duramax.

    He was showing RNU investors, the shorting started once it became public RNU objected to EGR's patent application, they consider the objection is significant and will cause significant delays and don't believe RNU's BS story about doing it for flexibility.

    Or you can consider RNU has a $600mil and they really only have a Mining License, Apart from that they are years away from seeing its first revenues and are trading at their 85% of their future NPV,

    Anyway, One company is getting on with its development approvals to build its PSG facility, The other hasn't started this process and there are doubts over its purification process, I can see why one company's shorts are closing and the other one is now seeing an increase.



 
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