I keep getting LTR vibes here.
See 2020 chart below.
At that time LTR was range trading first half of the year between 9 and 12c. Sound familiar? (Soi them 1.8b v here 2.5b).
Lithium pricing was also in the toilet, as graphite pricing is now.
During that year, TO was Ann as MD. A key appointment. We have Ann a key appointment recently.
The stock finished the eoy at a very healthy 29c following a small cap raise in Oct at circa 20c.
Updated PFS and DFS were consistent themes there. BOAs had yet to be negotiated, but were no doubt prioritised by TO and Ann subsequently.
In many ways it could be argued RNU is following a similar trajectory. Grades may not be quite as high but the resource is large.
A sp around 29c here eoy would put a smile on all our faces
