RNU has never claimed to have the 2nd largest Resource
RNU does claim to have the 2nd Largest Proven RESERVE of Graphite
If you understand how mineral deposits are reported under the 2012 JORC i.e. The differential between a mineral resource and an ore reserve, there is no confusion
I often use the analogy of someone stating I am the 2nd fastest person in the world. Without the context what do you mean you are the 2nd fastest person in the world ? Are you stating you are the 2nd fastest over 100m ? The 2nd Fastest over 10km ? The 2nd Fastest over a Marathon ?
Context is everything, without it what is your unit of measure for comparison
Renascor Resources has the 2nd Largest Proven Reserves of Graphite Globally and the Largest Reserves outside of Africa (notice I didn't and the company hasn't utilised the word resource in this statement)
RNU has never claimed to have the 2nd largest ResourceRNU does...
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $254.1M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $376.7K | 3.745M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 407507 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 2733382 | 37 |
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| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
10.3¢ |
Change
-0.005 ( 0.10 %) |
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| Open | High | Low | Volume | ||
| 10.3¢ | 10.3¢ | 10.0¢ | 3135381 | ||
| Last updated 15.58pm 09/05/2024 ? | |||||
| RNU (ASX) Chart |