RNU

1.27%

8.0¢ renascor resources limited

Ann: Completion of Drilling on Shallow Gold Targets at Soyuz, page-18

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drifta

6,600 Posts.

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19/02/21

13:08

Post #: 51156241
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Originally posted by Dee000: ↑

Afternoon holders,

I am new to this and have been doing as much research into this company and a few others. I have a few questions for anyone who doesn't mind helping out.
I was wondering if there is a company on asx that has gone through what RNU is attempting to accomplish?
I understand that RNU has a huge graphite deposit (second biggest in the world) and have just finished drilling for gold targets @ Soyuz, with results expected in the next 5 weeks.
Lets say the third MOU is signed and is binding with a company in Europe or an equivalent Anode maker, two years down the road and they are mining what would you guesstimate SP be (realistically)?
There is also the gold side of the coin but we wont know anything about that until the results are in. ( very exciting times here)
Finally, What are the chances of this project not taking off?
Thank you in advance.
Have a great weekend and I truly hope RNU goes above and beyond.

GLTAH

Dee

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"""Finally, What are the chances of this project not taking off?"""

A huge chance of this project not taking off ,...
These stocks are a huge gamble, especially since all high risk spec stocks have run from well under 1 cent to these highs..RNU is just one of a 1000 that has run 1000%...from the lows...RNU low is .004 of a cent...

I believe the spec market is on the verge of a major crash..these heights cant be sustained without fundamentals...This goes for every penny stock listed on the ASX, not just RNU..
drifta

RNU Price at posting: 4.1¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 8.0¢		Change 0.001(1.27%)		Mkt cap ! $203.3M

Open	High	Low	Value	Volume
8.0¢	8.1¢	7.8¢	$140.9K	1.776M

Buyers (Bids)

No.	Vol.	Price($)
5	363660	7.9¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	316229	3

View Market Depth

No.	Vol.	Price($)
4	325686	0.079
8	622779	0.078
20	1131138	0.077
14	637725	0.076
20	833672	0.075

Price($)	Vol.	No.
0.080	316229	3
0.081	539530	4
0.082	1000000	1
0.083	200000	1
0.084	315932	6

Last trade - 16.10pm 11/10/2024 (20 minute delay)

RNU (ASX) Chart

Ann: Completion of Drilling on Shallow Gold Targets at Soyuz, page-18

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Ann: Completion of Drilling on Shallow Gold Targets at Soyuz, page-18

Top Stories

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Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

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Cauldron Energy reports "excellent" uranium assays in latest drill run

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Sellers (Offers)

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