RNX renegade exploration limited

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    'This announcement from Renegade Exploration Limited (ASX:RNX) highlights a significant discovery of critical minerals, particularly germanium (Ge) and gallium (Ga), at its Andrew Zn-Pb-Ag deposit in Yukon, Canada.

    Key Positive Factors for Share Price Upside:

    1. High-Grade Critical Mineral Discovery

      • Germanium and gallium are in strong demand, particularly for defense, semiconductor, and high-tech applications.
      • The grades of Ge and Ga found in the drilling results are promising, with high recovery rates indicated by metallurgical tests.
    2. Metallurgical Testing & Upside Potential

      • 71.3% germanium recovery with a 627% concentration increase in the flotation process is highly encouraging.
      • There’s potential for higher germanium grades as previous analysis may have underestimated results.
    3. Geopolitical & Government Support

      • The US Department of Defense (USDOD) and Canadian Government have already funded neighboring projects (USD15.8M & CAD12.9M).
      • Given the strategic importance of germanium in defense and electronics, Renegade may attract similar funding or investment interest.
    4. Potential Re-evaluation of Historic Data

      • The company is investigating stored drill samples for re-analysis, which could further increase the known resource base.
      • If results confirm higher grades, this could boost resource valuation and attract institutional investors.

    Potential Share Price Impact:

    • The stock could see an immediate short-term uplift as investors react to the critical minerals discovery.
    • Medium to long-term upside depends on:
      • Confirmation of higher grades from re-analysis.
      • Government funding or partnerships.
      • Further drilling and resource expansion.

    If Renegade secures funding or a partnership for development, the valuation could significantly re-rate, especially given the strategic importance of germanium in defense and semiconductors.'

 
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Last
0.4¢
Change
0.001(16.7%)
Mkt cap ! $4.509M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $3.711K 1.026M

Buyers (Bids)

No. Vol. Price($)
25 30196493 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 12259998 3
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Last trade - 14.20pm 25/07/2025 (20 minute delay) ?
RNX (ASX) Chart
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