Looks robust to me, very happy with this announcement and the fact the DFS is now confirmed. The market is still doubting RNU, most likely partially due to poor comms for a long time and resulting negative sentiment. I do think DC and RNU has the goods and will deliver.
Owning the land was an issue months back and more recently it was the DFS, now with both of those sorted its still no good for some as now the issue is not having funding or offtakes.
Haha, all i can say is this has to be rock bottom, if the market doesn't see value now and waits for certainty for offtakes and finance then the price will shoot up quick and it will be too late for those waiting for certainty before buying in. My bet is the SP will hover around here and at some point this stock is going to fly and I don't think its far away. Wouldn't be surprised if more positive news follows this annoucement regarding a binding offtake or finance given the work that's been going on for months in the background.
I might be wrong, but happy to wait for the ride. DYOR....
RNU Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
