RNU renascor resources limited

That is great news for our neighbour, our region and the sector...

  1. 1,391 Posts.
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    That is great news for our neighbour, our region and the sector as a whole.

    But here’s the thing: if you ever need evidence that RNU is a low cost operation this is it. They might have the green light, but their resources are like a bunch of lenses instead of a thick, dense ore body that Siviour has. This means they’ll have a lot of waste to sift through, which makes their project tough to make a profit on. They need the graphite price to be way higher than what it is.

    Good news for RNU and our value. The market cap disparity intrigues.

    All IMO, DYOR, GLTA(patient)H

    https://hotcopper.com.au/data/attachments/6856/6856364-13c4f376a51968ba08bd68fa7440a918.jpg

 
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(20min delay)
Last
6.2¢
Change
0.001(1.64%)
Mkt cap ! $157.6M
Open High Low Value Volume
6.1¢ 6.2¢ 6.0¢ $85.8K 1.411M

Buyers (Bids)

No. Vol. Price($)
1 105000 6.1¢
 

Sellers (Offers)

Price($) Vol. No.
6.2¢ 120000 2
View Market Depth
Last trade - 16.10pm 19/06/2025 (20 minute delay) ?
RNU (ASX) Chart
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