RNU 1.37% 7.2¢ renascor resources limited

Price of oil is a significant issue now with Saudi's cutting...

  1. 5,043 Posts.
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    Price of oil is a significant issue now with Saudi's cutting supply and joining BRICS. World polarization at present. Might not be an alternative but to run with EV's. Separate issue to the climate change issues and projected demand. Artificial graphite production will also require energy which makes its production more expensive if the price of oil rises due to a reduction in supply. Uranium may also rise due to demand increase if oil becomes a political football. Doesn't RNU still retain uranium and gold tenements? Discount value here at present, IMO especially with cash in the bank earning interest and a Federal Government loan facility. Time will tell, always does.
 
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