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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:
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.
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.
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.
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($) | Vol. | No. |
---|---|---|
0.4¢ | 12259998 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 30196493 | 0.003 |
22 | 19440009 | 0.002 |
14 | 22506007 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 12259998 | 3 |
0.005 | 4750249 | 5 |
0.006 | 5813692 | 10 |
0.007 | 8059997 | 3 |
0.008 | 4000000 | 2 |
Last trade - 14.20pm 25/07/2025 (20 minute delay) ? |
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