RNU (ASX) Fundamentals

Originally posted by Fbuffet: ↑

It’s just my own personal forecasted prediction if it happens it happens if it doesn’t it doesn’t. But I haven’t been holding as long as many others so I’m more than willing to stay and hold for a while and just enjoy the ride.

Only time will tell I guess but if everything goes to plan, I just cannot see why not RNU can’t hit $5. I guess if some people have been holding for over a few years in the ground work years I can understand the psychology as to why they may of become frustrated and lost little confidence in the Management team with the long wait but that’s generally how the mining game works. Its takes years and a lot of patience and a lot of drilling.

Getting permits for sites , drilling for samples, sending samples off for testing, waiting for results, getting back the results, doing some more drilling, doing all your feasibility , getting all the right permits pushed through government for commencement , construction of the site infrastructure etc etc is all a very lengthy process especially if you’ve invested from the beginning phase it takes a lot of patience.

That’t where I differ from other investors where I’ve learnt from previous investments I never invest in a mining company until I know the exact size of the deposit and the future demand that mineral or metal will have and that the Management team has a clear outline of exactly what they plan to do and how experienced the Management team is aswell. I’ll be brutally honest with you all I had no Idea about how in demand Graphite was going to be until a very close friend of mine who is also a very avid investor told me to jump on Graphite then I started to do my own research.

Searching for different Australian Graphite companies. Most of the other great Graphite companies I really liked EGR, SYR etc were all great to buy but not at the price point I generally like to enter in at I generally like to find solid undervalued stocks around $0.25 mark and under that is why I jumped on RNU world’s second largest proven Graphite deposit, Largest Graphite deposit globally outside Africa and all right here in Australia. Even better all being processed in Australia and shipped directly from Australia to partners around the world first of its kind in Australia. I couldn’t believe that I found such a great undervalued stock. That’s why I’m so enthusiastic and positive about RNU I just cannot see how the future won’t be great for RENASCOR. That explains my enthusiasm! It comes from a genuine place.

I’ve just had a few great experiences with some mining stocks like RNU in the past. AGO(sold off to Gina Reinhart) Atlas iron I bought in around $1.10(I know not under$ 0.25 but my friend promised I couldn’t go wrong so I took his word and bought 20,000 shares) and it was just before production commenced but everything else was signed sealed and delivered once that shovel hit the ground right in middle of the Iron Ore super cycle boom in the mid 2000’s the share skyrocketed to +$4.00 unfortunately booms don’t last forever and neither do high commodity price’s (it cycles) so I sold out @ $4.05 before the price of Iron dropped but still made a great profit.

RNU personally to me has a lot more upside and future in it than Atlas did. Yes I know ones Iron Ore and the other is Graphite but the same sector (mining) but RNU will have a lot less local competition on the block and be in more demand with China out of the processing picture and with the huge SUSTAINABLE ENERGY super cycle on it’s way and the massive part it will play in achieving the *ZERO EMISSIONS *ZERO CARBON by 2050. Whether RNU hits $5 you can all make your own judgment but I can’t see why not. And I’ll finish at that.

Expand

Great post brother. Keep that passion coming. Sticking to the fundamentals is all we should be doing, as the company will speak for itself.

No.	Vol.	Price($)
1	91481	8.7¢

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91481

8.7¢

Price($)	Vol.	No.
8.8¢	7745	1

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8.8¢

7745

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1	91481	0.087
3	135500	0.083
2	70975	0.082
4	65500	0.080
2	410000	0.079

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Price($)

91481

0.087

135500

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70975

0.082

65500

0.080

410000

0.079

Price($)	Vol.	No.
0.088	7745	1
0.089	120948	2
0.090	89130	4
0.091	147244	4
0.093	10000	1

Price($)

Vol.

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0.088

7745

0.089

120948

0.090

89130

0.091

147244

0.093

10000

(20min delay)
Last 8.8¢		Change 0.006(7.32%)		Mkt cap ! $223.6M

Open	High	Low	Value	Volume
8.4¢	8.9¢	8.4¢	$502.5K	5.798M

Fundamentals, page-45

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