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3.33%

9.3¢ renascor resources limited

"Both synthetic graphite and natural graphite will continue to...

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Gryphon1

3,088 Posts.

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10/02/24

14:29

Post #: 72339152
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Originally posted by williams11: ↑

The problem as I see it is that despite all the fairy dust that has been blown around for years, Graphite is in over supply and likely to remain so, only way it will go into under supply is if for any magical reason there can be a boycott on everything synthetic . A few years ago it cost $20,000 a tonne to produce and definitely not eco friendly, now it is produced cheaper than natural and no one seems to care about the eco as long as it can be supplied, thank you very much Mr Musk and co, And for the life of me I cannot understand why we cannot at least pay the rehabilitation fee and start stripping and building the pad etc, at least we will get a six months head start once the rest starts happening. Think I will not look at media and share prices for a few weeks, doing my head in, no sense to anything these days.

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"Both synthetic graphite and natural graphite will continue to be an important mineral or raw material as the world moves towards decarbonisation, electric vehicles and clean energy technology. While currently there is a huge demand for synthetic graphite for a green economy there is a clear leaning towards natural graphite as more industries look towards transitioning towards clean energy".

RNU Price at posting: 8.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 9.3¢		Change 0.003(3.33%)		Mkt cap ! $236.3M

Open	High	Low	Value	Volume
8.8¢	9.8¢	8.7¢	$899.0K	9.716M

Buyers (Bids)

No.	Vol.	Price($)
2	249999	9.3¢

Sellers (Offers)

Price($)	Vol.	No.
9.4¢	7000	1

View Market Depth

No.	Vol.	Price($)
1	414	0.096
2	20421	0.095
1	20000	0.094
4	226529	0.093
2	127472	0.091

Price($)	Vol.	No.
0.094	7000	1
0.097	300000	2
0.098	344588	4
0.099	154000	1
0.100	617625	8

Last trade - 16.10pm 11/07/2024 (20 minute delay)

RNU (ASX) Chart