RNU 5.38% 9.8¢ renascor resources limited

How to ‘balance your enthusiasm and expectations with the...

  1. 1,224 Posts.
    lightbulb Created with Sketch. 2723

    How to ‘balance your enthusiasm and expectations with the patience’ is an excellence way to put it @wednesdayschild

    We are all acutely aware that global supply chains have been disrupted and are evolving in a way to be more ‘resilient’ otherwise we are doomed to repeat history. For OECD countries, which accounts for approximately 66% of world GDP, there is no other option. It means that businesses like RNU’s Siviour BAM project, which is lucky enough to be situated in a stable and recognised mining jurisdiction, let alone finding a unique flat-lying large resource, will provide the framework for future wealth generation for the new energy age that is upon us.

    Since the only course of action available to risk-averse multinational corporations is to buy out mid-tier players, like BHP did with OZ Minerals in "South Australia," it is up to junior developers to navigate this new period and carve their own route. For this reason, RNU is a growth stock with leveraging potential.

    Therefore, Kathryn Presser's (KP) nomination is noteworthy and might prove to be the Board's next genius move. It means that DC with KP's experience and networks has additional capabilities to assist it navigate the complexities of energy requirements, in Australia and on the global stage, to write its own chapter.

    The lessons from the story of Arachne still hold true; we are in fact upon the cusp of something great. I for one, appreciate the reminder to stay grounded.

    AIMO, DYOR, GLTA(patient)H

    Last edited by Mallyrock: 23/06/24
 
watchlist Created with Sketch. Add RNU (ASX) to my watchlist
(20min delay)
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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.