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9.1¢ renascor resources limited

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62 Posts.

79

30/12/22

13:22

Post #: 65481166
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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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Yes, I just reread it all and now see it differently, so I take it back.

I was too dismissive and misinterpreted Freeflyer’s concerns as scheming.

My apologies for the names and judgement call @FreeflyerNZ

It is important to research and good to discuss/analyse these points of concern like for like.

RNU Price at posting: 21.3¢ Sentiment: Buy Disclosure: Held
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Last 9.1¢		Change -0.003(3.19%)		Mkt cap ! $231.2M

Open	High	Low	Value	Volume
9.3¢	9.4¢	8.9¢	$329.2K	3.633M

Buyers (Bids)

No.	Vol.	Price($)
2	220000	9.0¢

Sellers (Offers)

Price($)	Vol.	No.
9.2¢	25000	1

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No.	Vol.	Price($)
2	220000	0.090
1	16602	0.089
6	338717	0.088
3	193530	0.087
2	241986	0.086

Price($)	Vol.	No.
0.092	25000	1
0.093	97711	1
0.094	250211	3
0.095	264362	2
0.097	50504	3

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