Australia's largest stock trading and investment forum Australia's #1 stock forum

RNU

Click for more information

2.08%

12.3¢ renascor resources limited

do we want binding offtake agreements yet ?

First 286 Last

Share
Profile

Follow
Duramax

7,203 Posts.

658

25/11/22

20:49

Post #: 64998545
Share

Originally posted by shoe5049: ↑

In the very short term, who knows, it may or may not be, but I don't really care either way.
If you look back at the history of RNU news announcements over the last 2 years you will find that they come in clumps.
In my opinion DC is very market savvy at timing important news announcements in close proximity to each other to give momentum to the share price - very important in a startup miner.
And as it just so happens, the optimised BAM study is due shortly, binding offtake agreements might not be too far away, and early next year Final Investment Decision and EFA loan confirmation are due.
So a lot of people will be thinking that if they sell after the PEPR, they may well live to regret it a month or two down the track.
All in my opinion, and not investment advice. DYOR.

Expand

do we want binding offtake agreements yet ?

RNU Price at posting: 32.0¢ Sentiment: None Disclosure: Held
4 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 64 more messages in this thread...

First 286 Last

Add RNU (ASX) to my watchlist

(20min delay)
Last 12.3¢		Change 0.003(2.08%)		Mkt cap ! $311.3M

Open	High	Low	Value	Volume
12.0¢	12.3¢	12.0¢	$218.6K	1.818M

Buyers (Bids)

No.	Vol.	Price($)
16	1361318	12.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.5¢	1288243	12

View Market Depth

No.	Vol.	Price($)
14	1146318	0.120
20	804517	0.115
33	1683942	0.110
39	2271244	0.105
61	3015828	0.100

Price($)	Vol.	No.
0.125	1288243	12
0.130	1483716	24
0.135	1476144	15
0.140	807823	13
0.145	763354	17

Last trade - 10.48am 17/05/2024 (20 minute delay)


Last 12.3¢			Change 0.003 ( 6.52 %)
Open	High		Low	Volume
12.0¢	12.3¢		11.8¢	1082725
Last updated 10.40am 17/05/2024 ?

RNU (ASX) Chart