Australia's largest stock trading and investment forum Australia's #1 stock forum

RNU

Click for more information

2.50%

7.8¢ renascor resources limited

Ann: Fully Underwritten A$70 million Institutional Placement, page-160

First 160 Last

Share
Profile

Follow
Duramax

7,367 Posts.

674

08/12/22

11:16

Post #: 65215982
Share

Originally posted by sentinel1221: ↑

Even with this CR, I don't believe this will be enough money in the bank to fully build the mine and plant?

Does anyone know current cost to build our mine from another similar company at the same stage as RNU? I stand corrected if it's enough but if it's not, that means we will still need additional funding in the future so why not get it all done in one hit? I know lithium companies that have $750m in the bank to fund the construction of their mines and plants.

Expand

found the construction costing.

Originally posted by sentinel1221: ↑

Even with this CR, I don't believe this will be enough money in the bank to fully build the mine and plant?

Does anyone know current cost to build our mine from another similar company at the same stage as RNU? I stand corrected if it's enough but if it's not, that means we will still need additional funding in the future so why not get it all done in one hit? I know lithium companies that have $750m in the bank to fund the construction of their mines and plants.

Expand

RNU Price at posting: 29.8¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

AHK

Ark Mines provides strategic update following mining lease submission

LU7

The Breakdown: Lithium Universe talks refinery design and lithium processing in strong preliminary feasibility study for Bécancour

TTT

Titomic jumps +6% as it incorporates Microsoft Hololens tech

RCE

Recce progresses testing of gel to treat bacterial skin infections

STK

Rogozna grows with gold equivalent grading 1.1g/t across 545.7m for Strickland

There are more pages in this discussion • 5 more messages in this thread...

First 160 Last

Add RNU (ASX) to my watchlist

(20min delay)
Last 7.8¢		Change -0.002(2.50%)		Mkt cap ! $198.2M

Open	High	Low	Value	Volume
8.0¢	8.0¢	7.7¢	$385.7K	4.918M

Buyers (Bids)

No.	Vol.	Price($)
2	15657	7.8¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	347338	5

View Market Depth

No.	Vol.	Price($)
2	15657	0.078
24	1257142	0.077
13	575198	0.076
18	645672	0.075
8	542040	0.074

Price($)	Vol.	No.
0.080	347338	5
0.081	50000	1
0.082	1035000	2
0.083	300000	2
0.084	270394	5

Last trade - 16.10pm 09/10/2024 (20 minute delay)

RNU (ASX) Chart

SPONSORED BY