RNU 1.41% 7.2¢ renascor resources limited

General Discussions, page-22912

  1. 18,073 Posts.
    lightbulb Created with Sketch. 1308
    Hi pd, not sure why you think I am trying to make anyone nervous, perhaps I am here to be educated on how RNU will be profitable/competitive on world market.

    Anyway, interested in where you got your current pricing from. Would you concur on that basis of your cost numbers , if one used a figure in the range of $2000to $2300 for SP then RNU would struggle to even break even, likely run at a loss? And that’s before any inflationary impacts or financing costs.

    Anyway here are the Fastmarket figures for current selling prices FOB China , they seem significantly below your numbers, perhaps we can add a small premium for Europe?

    Looks like they may struggle to be competitive at these prices? Be interesting what numbers appear in their updated BAM study when it comes out.

    https://www.fastmarkets.com/insights/chinas-flake-spherical-graphite-prices-fall-further-european-flake-market-rises

    https://hotcopper.com.au/data/attachments/5346/5346440-5ef51887b0ffbc365ad73719c1c47b83.jpg


 
watchlist Created with Sketch. Add RNU (ASX) to my watchlist
(20min delay)
Last
7.2¢
Change
0.001(1.41%)
Mkt cap ! $183.0M
Open High Low Value Volume
7.1¢ 7.3¢ 7.1¢ $330.0K 4.607M

Buyers (Bids)

No. Vol. Price($)
14 1037696 7.1¢
 

Sellers (Offers)

Price($) Vol. No.
7.2¢ 640307 1
View Market Depth
Last trade - 16.10pm 31/10/2024 (20 minute delay) ?
RNU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.