Remember when PLS was at 25 cents immediately pre build, lithium was at $600 ton, then two years later PLS was at $3 and lithium was at $3000?
Well here we are with this stock IMO.
Sure we won't fly as high as PLS and be $3 (hence the retail flight this week when reality dawned on them) but there is a very solid case for us hitting 60 cents which is a pretty sweet gain from today given the project is in nice and safe Australia, has a solid business case and the MOUs with tier one end-users are likely to come to fruition with some floor pricing that will meet the DFS business case.
ITMT the current low pricing will keep others from developing just as it did for PLS - and allowed them to hit the sweetspot of high commodity pricing for years ahead of competitors.
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RNU
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5.6¢

Ann: Licensing Agreement for Downstream Purification Process, page-46
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Last
5.6¢ |
Change
0.002(3.70%) |
Mkt cap ! $142.4M |
Open | High | Low | Value | Volume |
5.6¢ | 5.6¢ | 5.4¢ | $155.4K | 2.809M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 333231 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 36252 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 333231 | 0.054 |
1 | 18850 | 0.053 |
7 | 687999 | 0.052 |
4 | 458334 | 0.051 |
13 | 287510 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 36252 | 1 |
0.057 | 358550 | 4 |
0.058 | 228644 | 3 |
0.059 | 499203 | 4 |
0.060 | 127500 | 4 |
Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
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