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2.50%

10.3¢ renascor resources limited

What about tax incentives? Combine that with a graphite market...

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TongTong

149 Posts.

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19/04/24

09:20

Post #: 73419406
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Originally posted by Swanny204: ↑

I have read that recycling is easier for some battery materials but graphite is one that they haven’t been able to do to any extent.Somebody may have some up to date knowledge of this.
Also when CXO were in the same position ie pre construction they were around 30c when lithium was at that stage $5000+At that stage they had confirmed off takes with Ganfeng etc. Graphite ex China hasn’t started the price run up that lithium had so to me RNUs Share Price is about right in my view
once we get off takes signed the SP will escalate,probably double or triple but not to a dollar.That level would only occur if Graphite prices charged significantly higher and that remains to be seen.

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What about tax incentives? Combine that with a graphite market that is disconnecting from China's pricing.

RNU Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 10.3¢		Change 0.003(2.50%)		Mkt cap ! $260.4M

Open	High	Low	Value	Volume
10.0¢	10.5¢	10.0¢	$66.20K	644.7K

Buyers (Bids)

No.	Vol.	Price($)
37	980995	10.0¢

Sellers (Offers)

Price($)	Vol.	No.
10.5¢	1729733	44

View Market Depth

No.	Vol.	Price($)
37	980995	0.100
4	216000	0.099
8	244751	0.098
12	516731	0.097
11	587939	0.096

Price($)	Vol.	No.
0.105	1729733	44
0.110	1417340	22
0.115	1006528	20
0.120	1729287	26
0.125	1039582	8

Last trade - 15.06pm 02/05/2024 (20 minute delay)


Last 10.0¢			Change 0.003 ( 2.44 %)
Open	High		Low	Volume
10.0¢	10.3¢		10.0¢	649672
Last updated 15.28pm 02/05/2024 ?

RNU (ASX) Chart