Difficult to say at this point. Market has given no real valuation for their projects, seems like just valuing their tenements. If we get a boa or jv their may be an awakening of the true value of the project?just the graphite project alone suggests an IRR of 33% - with nearly 20m yearly profit for .LOM then, we have gold, ree, uranium....1.6c does not reflect value of any of thisback of envelope maths to me, on a PE ratio of 10 ( average of asx has historically been around 14 i think) suggests a price of around 16c....so discount all pe gets us to where we are now - so no value attributed at all! I have also never seen backing from 2 govs for project finance....again, not recognized by market as derisking project. Id like to see some financial backing from SA gov job fund - NT gov just did this for another company im in....SA would be shortsighted not to follow suit. have noticed a bit of extra media coverage recently though, so thats a good start!
kalkinemedia.com/au/news/stock-market/renascor-resources-june-quarterly-report-signalling-cornucopia-of-excellence-at-siviour-graphite
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Difficult to say at this point. Market has given no real...
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Last
8.8¢ |
Change
-0.001(1.12%) |
Mkt cap ! $223.6M |
Open | High | Low | Value | Volume |
9.0¢ | 9.2¢ | 8.8¢ | $305.3K | 3.405M |
Buyers (Bids)
No. | Vol. | Price($) |
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8 | 671362 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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8.9¢ | 124487 | 1 |
View Market Depth
No. | Vol. | Price($) |
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6 | 449408 | 0.087 |
10 | 1251399 | 0.086 |
10 | 712327 | 0.085 |
3 | 124000 | 0.084 |
2 | 90000 | 0.083 |
Price($) | Vol. | No. |
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0.090 | 250000 | 1 |
0.091 | 8167 | 1 |
0.092 | 100130 | 2 |
0.093 | 60000 | 1 |
0.095 | 30803 | 1 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
8.8¢ |
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Change
-0.001 ( 0.56 %) |
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Open | High | Low | Volume | ||
9.0¢ | 9.2¢ | 8.8¢ | 1471520 | ||
Last updated 15.59pm 14/06/2024 ? |
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