RNU 8.00% 9.2¢ renascor resources limited

General Discussions, page-16672

  1. 16,290 Posts.
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    Hi Duramax.

    congratulations on securing your PEPR, funny it arrived around 18 months after I advised RNU had not secured the approvals, yet the bulls claimed it was completed.

    RNU has a ~$650 mil MC and only has a ML, PEPR and an option to lease. Much better valued graphite projects out there that offer investors plenty of upside.

    sadly RNU has already hit its NPV and its scary reading the DFS they used a PSG price which has never been achieved, even with a global shortage.


 
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