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153 Posts.

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24/08/24

13:55

Post #: 75355716
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Originally posted by donnythedealer: ↑

Yep it looked like a bit of buying into the South Korean budget next week.

I don’t think we will see a grant but under the supply chain fund POSCO could get a low-interest loan from Korea Eximbank to fund their equity investment in RNU.

Remember we still have not heard anything further about the revised terms of our loan from EFA since our budget back in May. I believe this is because of this funding from South Korea / POSCO which has been in the works for months.

I have a good feeling about next week.

Expand

I suspect it is in the works too. US pressure via the IRA. Australia Korea Comprehensive Strategic Partnership. Government stimulus to accelerate ex China critical minerals processing in Australia for EV batteries. Job creation in South Australia. All fits nicely.

RNU Price at posting: 9.1¢ Sentiment: Buy Disclosure: Held
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Last 7.3¢		Change 0.001(1.39%)		Mkt cap ! $185.5M

Open	High	Low	Value	Volume
7.3¢	7.5¢	7.2¢	$385.2K	5.251M

Buyers (Bids)

No.	Vol.	Price($)
3	32499	7.3¢

Sellers (Offers)

Price($)	Vol.	No.
7.4¢	200000	1

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No.	Vol.	Price($)
2	18801	0.073
6	299460	0.072
11	1037596	0.071
33	2863654	0.070
9	720122	0.069

Price($)	Vol.	No.
0.074	200000	1
0.075	30401	1
0.076	344392	3
0.077	218052	3
0.078	270550	4

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RNU (ASX) Chart

General Discussions, page-31041

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