Last quarter balance ~110m, so yeah 100m ish. Current pricing is sh*t, but this just applies to all generic battery elements - Lithium, Cobalt, Graphite....
Based on 2021-2022 pricing NPV could reach A$4b. Then somewhat downgraded to A$1.5b.The problem is unless you give 50% equity interest to the Koreans/Japanese, they won't come invest. Why should they anyway?
Chinese did the same thing during its economic reform in 1980s, 50/50 joint venture to attract Japanese/foreign investments, that was how they started and succeeded – no politics here.Honestly if RNU is already having trouble advancing, there is nil chance for other AU juniors. We/the government needs to change, what is wrong with 50/50 to ally countries? I don't understand.
Last quarter balance ~110m, so yeah 100m ish. Current pricing is...
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Last
5.5¢ |
Change
-0.001(1.79%) |
Mkt cap ! $141.1M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.7¢ | 5.5¢ | $160.9K | 2.894M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 684699 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 232075 | 2 |
View Market Depth
| Last trade - 15.20pm 24/06/2025 (20 minute delay) ? |
| RNU (ASX) Chart |