I think the BAM study is bound to come back with positive numbers - expected capex inflation aside.
Though I was alarmed about the MD's recent comments about getting Mitsu or other end users to invest in it. With the funds we have now, and possible ECA loans/critical mineral gov funding available I would have thought getting this project up and running with minimal further dilution ought to be the goal of management. Makes me think there remains upside here, but it may only be in reaching the previous share price high - which would be bitterly disappointing.
Management remains my biggest concern with RNU. The resource is ideal.
General Discussions, page-24031
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Last
9.7¢ |
Change
-0.001(1.02%) |
Mkt cap ! $246.5M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.6¢ | $357.0K | 3.626M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 89999 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 40000 | 2 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| RNU (ASX) Chart |