RNU 1.22% 8.1¢ renascor resources limited

General Discussions, page-19333

  1. 237 Posts.
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    Agree, I am too getting frustrated with the lack of announcements, but not progress RNU is making. It is important to distinguish the two. There is clearly a lot of moving parts that we are not privy to seeing, which are going on behind the scenes. Just over two years ago at the start of 2021 we were sitting at 0.012c with no off-takes, no POSCO, no financing, 4.6M in cash on hand. Now look at where we are, we have approx. 140m in cash, non binding MOU's for double our initial production, and 185m conditional loan from the government. If you invested in RNU more than 2 years ago, you'd be up more than 2,000%, I don't think opportunities like that are out there frequently. Patience is key, Siviour is getting to mine, better late than never is all I can say.
 
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