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Swanny204

1,785 Posts.

586

22/05/24

21:32

Post #: 73963573
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Originally posted by TenX: ↑

Good morning Donny, great post....thank you for sharing.

It is so obvious why the Aust Government has classified Siviour a resource of major project status.

DC said at the time:

"“The award of Major Project Status is an important recognition of the strategic
importance of Siviour as both a world-class mineral resource and its potential to add
further value through a downstream operation in Australia to produce a globally
competitive, 100% Australian-made refined graphite product on globally competitive
terms for direct sale to the lithium-ion battery supply chain.
The Major Project Status designation will assist us as we progress Siviour through the
final development phases and will offer an important endorsement of the Project as we
enter binding offtake negotiations and embark on project financing.”

With China in control of almost the entire market it is clear why the US and Australian governments' are so committed to moving supply dependency away from China.

All the pieces are of evidence are clearly now laid in front of anyone who could be bothered to look, which is why I think there is a genuinely life changing opportunity right now buying RNU at this low market cap.

The accumulation continued yesterday soaking up everything that came to market sub 12c. I think the buying will become more aggressive over the next few days.

GLTAH

10x

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Hope you are right but no evidence yet

RNU Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last 7.4¢		Change 0.002(2.08%)		Mkt cap ! $190.6M

Open	High	Low	Value	Volume
7.3¢	7.5¢	7.3¢	$147.7K	2.002M

Buyers (Bids)

No.	Vol.	Price($)
3	116014	7.3¢

Sellers (Offers)

Price($)	Vol.	No.
7.4¢	116833	4

View Market Depth

No.	Vol.	Price($)
1	10000	0.074
2	80000	0.073
6	230583	0.072
11	957596	0.071
30	2753584	0.070

Price($)	Vol.	No.
0.075	225212	8
0.076	344392	3
0.077	226843	4
0.078	270550	4
0.079	880967	7

Last trade - 11.09am 01/11/2024 (20 minute delay)

RNU (ASX) Chart

General Discussions, page-30042

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General Discussions, page-30042

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