I know where I would put my money and it’s RNU not Quantum graphite.Didnt they go down nearly 15% today?Not too much confidence there.1.1million sellers and only very few buyers.Also its only about a 12 year mine life.Dont think the economics add up.I certainly believe DC is the man for the job.You don’t get taken on Australian Government trade delegations overseas if you’re a dud.He is carefully making all the progress behind the scenes so that as soon as binding offtakes are signed a FID will follow quickly.The reason we don’t have BOAs now is because we have the money in the bank to wait until the competitive pressure leads to BOA that rewards shareholders.Very few potential graphite producers are as shovel ready as RNU.I feel absolutely confident that the wait will be worthwhile.I reckon a lot of others agree because with the delay in progress the SP is remarkably resilient.All my opinion but research backs it up
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I know where I would put my money and it’s RNU not Quantum...
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Last
8.6¢ |
Change
-0.002(2.27%) |
Mkt cap ! $218.5M |
Open | High | Low | Value | Volume |
8.6¢ | 8.7¢ | 8.3¢ | $308.0K | 3.607M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 153823 | 8.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.6¢ | 87886 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 153823 | 0.085 |
1 | 50000 | 0.084 |
2 | 100061 | 0.083 |
3 | 58780 | 0.082 |
1 | 200000 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.086 | 87886 | 1 |
0.087 | 106313 | 3 |
0.088 | 101098 | 2 |
0.089 | 70948 | 2 |
0.090 | 428011 | 9 |
Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
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