I think you can forget dividends for many years.The company is getting everything ready for a FID and then construction.This will depend on offtakes being signed in an environment where graphite prices are low.The good thing for RNU is that graphite demand ex China is picking up and anode producers/electric vehicle manufacturers must be starting to fear missing out on supply if they don’t shore up supply soon.Its a matter of them coming to an offtake agreement that suits both parties.Thats what the hold up is at the moment.In the meantime RNU is in a better position than many other graphite companies.With $125mill in the bank the bank interest is paying for monthly expenses and we won’t have to worry about a cash raise until it’s time to go to the races.RNU wants offtake partners to share the risk with us for example by inserting a floor price in the offtake agreement.
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RNU
renascor resources limited
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7.1¢

I think you can forget dividends for many years.The company is...
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Last
7.1¢ |
Change
0.011(18.3%) |
Mkt cap ! $180.5M |
Open | High | Low | Value | Volume |
6.9¢ | 7.2¢ | 6.5¢ | $689.2K | 9.950M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 327817 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.1¢ | 28950 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 327817 | 0.069 |
4 | 691417 | 0.067 |
5 | 299291 | 0.066 |
2 | 75000 | 0.065 |
3 | 137850 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.071 | 28950 | 1 |
0.072 | 504959 | 6 |
0.073 | 290489 | 6 |
0.074 | 420000 | 3 |
0.075 | 334942 | 4 |
Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
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RNU (ASX) Chart |