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jujutrain

1,445 Posts.

201

30/12/22

11:30

Post #: 65479576
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Originally posted by gorry12: ↑

I think NZFlyer made some solid discussion points. Key concern here is RNU's indicated margin, i view it as a a valid concern.
RNU's future is not PSG, nor stage 2, of which margin is still too low ($3k - $2k = $1k, noting selling price is always over-stated while cost constantly under-estimated for all junior miners).
As you mentioned, it is the processed anode, or coated product of which IP is controlled by Chinese, Koreans and Japanese that will become the game changer to RNU. Coated products' selling price vary between $5k to $8k.
We need IP, Koreans and Japanese need reliable & strategic long term suppliers outside China. We balance this out, we will follow the similar path of Australia's first successful rare earth producer.
The battery material stocks are all down by 40-50%, we keep analysing risks as a going-concern, it never hurts; but no need to be panic just because the poor overall market performance.

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I don't know how you came up with the minus 2k element in your formula.
Can you please advise how you arrived at that number?
Juju

RNU Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 7.2¢		Change -0.001(1.37%)		Mkt cap ! $183.0M

Open	High	Low	Value	Volume
7.2¢	7.4¢	7.2¢	$320.7K	4.426M

Buyers (Bids)

No.	Vol.	Price($)
8	1275010	7.2¢

Sellers (Offers)

Price($)	Vol.	No.
7.4¢	220674	4

View Market Depth

No.	Vol.	Price($)
7	1250010	0.072
18	3036062	0.071
25	2588011	0.070
7	784631	0.069
6	525880	0.068

Price($)	Vol.	No.
0.074	220674	4
0.075	365900	6
0.076	526237	3
0.077	298052	4
0.078	1000000	1

Last trade - 16.10pm 28/10/2024 (20 minute delay)

RNU (ASX) Chart