RNU

0.00%

9.4¢ renascor resources limited

Why on earth would China allow this to happen? Provide the West...

First 29668 Last

Share
Profile

Follow
Grayzer1

91 Posts.

12

05/05/24

11:41

Post #: 73670338
Share

Originally posted by Mallyrock: ↑

To the contrary, its more likely to have a positive affect on RNU.

In actuality, this legislation is providing exChinese anode players with the assurance to make binding (BOA) investments with the confidence of knowing that their business will be economically supported and viable years from now because they can continue to use Chinese material knowing that Chinese anode players time is coming to an end. Their only catch is that they have to show real intent that they will comply (BOA with RNU will do that!). Effectively, this is leveling the playing field because China is already making unsustainable ‘negative returns’. Therefore, this is more likely to leave them with no where else to go from here but up.

Furthermore, it is reassuring that governments of the OECD will do whatever it takes to regain market share to correct the supply imbalance. So far, governments have provided sound answers to prepare and navigate us through this new industrial age that is upon us. I think, OECD governments have figured it out; they are currently intervening quickly and savagely to re-balance the supply chain to be more robust and free of ‘state’ manipulation.

Hopefully, the Australian government can come to the party with its own Aussie-brand policies in the May budget. If so, it will heighten the squeeze from both ends.

Looking forward to the next few weeks.

AIMO, DYOR GLTA(patient)H

Expand

Why on earth would China allow this to happen? Provide the West with anode material so they can establish themselves in the global EV market only to be cast aside in 3 years? If I were China, I'd turn off the tap now and keep the foot on the throat.

RNU Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

SBW

Shekel Brainweigh investor presentation webinar – the future of retail automation

BIT

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

As Nvidia cools, we're looking to Aussie AI

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

CBA breaks trading record on strong day for Aussie financials

LAM

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

QML

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

OCC

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

PRU

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

There are more pages in this discussion • 1,535 more messages in this thread...

First 29668 Last

Add RNU (ASX) to my watchlist

(20min delay)
Last 9.4¢		Change 0.000(0.00%)		Mkt cap ! $238.9M

Open	High	Low	Value	Volume
9.4¢	9.7¢	9.1¢	$184.9K	1.990M

Buyers (Bids)

No.	Vol.	Price($)
1	8994	9.4¢

Sellers (Offers)

Price($)	Vol.	No.
9.9¢	187499	3

View Market Depth

No.	Vol.	Price($)
3	278000	0.092
1	200000	0.091
6	249211	0.090
4	67470	0.089
5	321355	0.088

Price($)	Vol.	No.
0.099	187499	3
0.100	439693	8
0.105	962552	16
0.110	1097608	16
0.115	997986	13

Last trade - 16.10pm 06/09/2024 (20 minute delay)

RNU (ASX) Chart

Why on earth would China allow this to happen? Provide the West...

Shekel Brainweigh investor presentation webinar – the future of retail automation

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

As Nvidia cools, we're looking to Aussie AI

Red Mountain Mining: record gold prices, two projects, two greenstone belts

CBA breaks trading record on strong day for Aussie financials

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Why on earth would China allow this to happen? Provide the West...

Top Stories

Shekel Brainweigh investor presentation webinar – the future of retail automation

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

As Nvidia cools, we're looking to Aussie AI

Red Mountain Mining: record gold prices, two projects, two greenstone belts

CBA breaks trading record on strong day for Aussie financials

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News