The horse has bolted on Posco. Why would they entertain an equity investment at the current market cap? RNU is merely another supplier for them now. They picked their timing on BKT and could see the potential value of that resource which is 8x larger than RNU, has FID and will be producing in 18m, relative to RNU which is a good Australian play that is likely 12m away from FID and is valued at circa 60% of likely NPV. Buy BKT cet par
Ann: Trading Halt, page-108
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Last
9.8¢ |
Change
0.005(5.38%) |
Mkt cap ! $249.0M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 10.0¢ | 9.3¢ | $831.2K | 8.461M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25900 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RNU (ASX) Chart |