RNU 5.38% 9.8¢ renascor resources limited

Ann: Australian Government Conditionally Approves A$185m Loan, page-163

  1. 1,563 Posts.
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    I'm always intrigued by this take of something "going up 10x" in a year and that bringing fear to a new investors mind. IMO if that is the sole reason for not buying into something, then there hasn't been enough research done on a particular stock.

    With the milestones being hit and the EV bull shares with lack of supply of graphite, a $200m Mc a few weeks back was laughably cheap. Peer comparisons, potential NPV and EBITDA, mgt team and macros are so much more of a reason to summize a potential sp... even in the shortish term

    We have all seen the bull run lithium stocks have gone on and writing was on the wall that RNU was, and still is!... undervalued.

    Good to be watching the show, I also bought in similar time to you tsahin888, next stop $1 once a few more derisking milestones are ticked
    Last edited by Newyperm: 02/02/22
 
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