Ann: Renascor Secures BAM Site from SA Government-Owned Utility, page-108

Hi Topo,

That is good to hear.

I hope for your sake RNU can achieve more than a Mining License, an option to lease and their conditional funding. they will need something significant to keep the MC up at $433mil.
It wasn't that long ago RNU MC was trading at its future NPV for both projects $710mil

As I have said before, you need to look past the charts, you need to dig into the company to work out if its worthy of investing or if its just a hype bubble, or when the company is likely to get into production by completing peer comparison. The WA project has now obtained all of its regulatory approvals, It has taken them 2 years to tick all the boxes after signing their lease. It is likely RNU will see a similar time frame for its project now they have signed an option to lease the proposed PSG site.