RNU 5.38% 9.8¢ renascor resources limited

General Discussions, page-20876

  1. 614 Posts.
    lightbulb Created with Sketch. 203
    Absolutely. As i said the other day, i wasn't more in my rnu bucket. I have a much as i can afford right now but in the near future there's a few non BAU catalysts i see.

    1. A large proportion of the world wants to expand its supply chains
    2. Rnu has a massive resource of a necessary component for de carbonisation
    3. Australia is supporting that resource and rnu not to mention tier 1 etc
    4. Even though the product right now is cheap, demand and under supply and a new industry will push those prices up. Rnu costs to provide those materials are amongst the lower percentile of producers
    5. Rnu is amongst the most advanced in its development for explorers - we'll be mining soon
    there's plenty more but those come to mind right now.

    and finally, the sp has just retested recent lows and looks imcho ready to go.

    happy weeks end folks. Can't wait to see how today plays out in the market. Traditionally Friday is slow but today is I think a re balance day so anticipating big volume on some of my stocks

    no advise.. just my opinion.
 
watchlist Created with Sketch. Add RNU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.