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428 Posts.

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04/08/23

10:23

Post #: 69154262
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Originally posted by rogerrightthere: ↑

some people are uncomfortable in the silence…… some are not.

Unlike many here I maintain a belief that when the BAM hits and the first of the MOUs arrive the SP won’t stabilize……. it will sky rocket. How can it not. There is serious profit in the numbers even with graphite flat and Inflation pressure on opex. The facts remain there is profit and profit is worth investment. The big funds are seeking to send additional liquidity into the market and this will be one of the places where several of them will target.
- govt funding
- quality high grade high margin product
- sovereign stability
- free trade margins with key markets

IMO - ATH by EOM September.

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so if BAM comes out that shows the cost of mines and production facilities have exploded in conjunction with a far lower graphite price than previously projected wont materially affect the Earnings per share you believe the SP will skyrocket?

RNU Price at posting: 19.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 7.1¢		Change 0.000(0.00%)		Mkt cap ! $183.0M

Open	High	Low	Value	Volume
7.2¢	7.2¢	7.1¢	$61.95K	860.9K

Buyers (Bids)

No.	Vol.	Price($)
6	252714	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	138694	7

View Market Depth

No.	Vol.	Price($)
6	260518	0.071
32	2868043	0.070
9	694041	0.069
9	836204	0.068
7	779339	0.067

Price($)	Vol.	No.
0.072	138694	7
0.073	300000	1
0.074	315596	5
0.075	200284	5
0.076	364392	4

Last trade - 12.03pm 05/11/2024 (20 minute delay)

RNU (ASX) Chart