I expect that the SP will get back to the last cash rate at 27c but not until the FID is announced.There may be a couple more cents coming but to me a sustained increase won’t happen until a confirmed offtake announcement happens.My opinion only people need to do their own research.But I do believe the Novonix announcement signalled a supply tension amongst anode producers and that can only be good for RNU.There wouldn’t be too many construction ready graphite projects in the world with as l ow a capex and 40+ year mine life.And of course with cash in the bank and a gov loan in the offering.
General Discussions, page-28557
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Last
8.8¢ |
Change
-0.003(3.30%) |
Mkt cap ! $223.6M | |||
| Open | High | Low | Value | Volume |
| 9.1¢ | 9.1¢ | 8.7¢ | $217.3K | 2.459M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 446383 | 8.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.9¢ | 1015641 | 3 |
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| Last trade - 14.11pm 27/06/2024 (20 minute delay) ? |
| RNU (ASX) Chart |