RNU 1.15% 8.8¢ renascor resources limited

General Discussions, page-28557

  1. 1,731 Posts.
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    I expect that the SP will get back to the last cash rate at 27c but not until the FID is announced.There may be a couple more cents coming but to me a sustained increase won’t happen until a confirmed offtake announcement happens.My opinion only people need to do their own research.But I do believe the Novonix announcement signalled a supply tension amongst anode producers and that can only be good for RNU.There wouldn’t be too many construction ready graphite projects in the world with as l ow a capex and 40+ year mine life.And of course with cash in the bank and a gov loan in the offering.
 
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