RNU

0.00%

8.0¢ renascor resources limited

General Discussions, page-30509

First 30509 Last

Share
Profile

Follow
fuhc46

381 Posts.

81

03/07/24

19:42

Post #: 74594570
Share

Originally posted by carbonpower: ↑

I agree with you comments on liquidity.

I also hold BKT & WKT. In my view Posco is also interested in shorter term supply ex-China. These Tanzanian projects are fundable because they are both high margin. Low cost & high basket price. For example, WKT announced yesterday that their contracted FOB cost is $420/t & are already making spot sales to Asia. Being much higher grade & in country 6.2c/Kwh power certainly helps. BKT are nearly finished putting their debt funded package together without any government support. WKT got commercial high yield debt to complete their build. WKT is producing & selling now and BKT will be in 2-3 years. While smaller than RNU they will ride the rise in graphite price.

My concern is that DC won't pull the FID trigger untill the price recovery is in full swing. How much of the cycle will we miss? Lets not forget all commodies are subject to cyclical pricing. I think in scale Sivior is highly valuable but in the long term. Thats why I hedged my portfolio of the graphite thematic with some short term bets as well.

Expand

Originally posted by Swanny204: ↑

just looked at the last RNU presentation on the 6/6/24 on the website and it appears to me that our cost is around $420/t as well.

Expand

wkt free on board (FOB) is 420/t, rnu cost is 420/t. They're selling at what it cost RNU to make it. RNU wouldn't make any money selling at that price. Do you guys have any thoughts on what price might trigger FID?

Last edited by fuhc46: 03/07/24

RNU Price at posting: 8.8¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

OJC

SPC to merge with Original Juice Co and Nature One Dairy

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

COB

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

There are more pages in this discussion • 966 more messages in this thread...

First 30509 Last

Add RNU (ASX) to my watchlist

(20min delay)
Last 8.0¢		Change 0.000(0.00%)		Mkt cap ! $203.3M

Open	High	Low	Value	Volume
8.0¢	8.4¢	7.8¢	$555.4K	6.930M

Buyers (Bids)

No.	Vol.	Price($)
1	24999	8.0¢

Sellers (Offers)

Price($)	Vol.	No.
8.2¢	178510	3

View Market Depth

No.	Vol.	Price($)
1	24999	0.080
9	615582	0.079
15	633131	0.078
15	1065872	0.077
9	591516	0.076

Price($)	Vol.	No.
0.082	178510	3
0.083	330962	3
0.084	615247	3
0.085	334602	5
0.086	220000	2

Last trade - 16.10pm 02/10/2024 (20 minute delay)

RNU (ASX) Chart

General Discussions, page-30509

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

SPC to merge with Original Juice Co and Nature One Dairy

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

General Discussions, page-30509

Top Stories

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

SPC to merge with Original Juice Co and Nature One Dairy

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Cobalt Blue sees A$60M price tag for Kwinana, WA refinery – but $68M value for stage one

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News