RNU (ASX) General Discussions

Originally posted by A T S: ↑

Apologies, my post wasn't directed at you personally at InvestorPro, I was fed up with reading this forum frankly.

I do appreciate most of the contributions. I took a short break with family for the long weekend, sorry for the late reply.

What you said regarding no off-take agreements is only true if you had any inside knowledge of the negotiations.

Off-take IMO is likely a condition to building the demo plant to prove the process works physically and not just theoretically in a lab, as no other company has full scaled this tech yet. Put your self in the customers shoes.

But how would any share holder know this? It can't be announced. None of us do. It's inferred. dyor

I don't think it is a break down in relationships or can't secure a deal situation, but more likely something that can't be announced yet, which the government maybe privy, to given the $5m grant, and backing by Posco and Mitsubishi.

This share price being so cheap, may also be what is needed for an equity investment. I'm happy with that if it gets things going.

Most of us make informed decisions based on facts, market research, and intuition, others panic and form their own irrational conclusions (and still hold), while others sell to be safe from the unknown, and some follow price action.

My point is why damage your holding further with negativity out of frustration of share price, if you didn't think this may become reality? If you don't think there will be a mine built, then sell. I don't get why you would shout keep away to others, when something you believe will pan out. My business is in selling and advertising, and this is definitely not the way to get positive results. Proof in advertising is in the $1trn market expenditure, and the negative reviews still hold the most weight. I believe RNU will become a producer, and the present net value is $1.5b. It's and ambitious figure but what does it matter at this stage, with a $116m market cap. That is only a twelve times projected outcome from current market cap. And then research global figures for PSG projected for 2030, it's roughly the same.

I'm realistic in the share price now we are here. While we here why not take out the 4.2c gap? I think we'll see price around this level for many months barring news, this might last as long as the rest of the year, I hope not, the share price is so attractive right now. But until that happens you can't go on blaming the company for the Chinese flooding the market with the efficiently produced and priced stuff. Being inferior purity, ESG, and secure supply.

I simply can't (and would argue others agree) follow this forum with so many on ignore, whilst the stock bashing continues for buyers doing research for investment in it. Shooting yourself in the foot comes to mind.

It's depressing, and infuriating. I get there needs to be discussion and there are two sides to every discussion, but this hasn't been the case for a long time.

To finish on a future note, hopefully later this year once the 50/200MA golden cross happens and the trend line is broken, it will be a very different story.

The 200 moving average is already straddling the down trend line.

I apologise for the direct reply to your comment, it was a general response to the multi times per day mud slinging on this stock from many which many many more on this forum also own! I mean Anitgen followed on with multiple posts the next few days, and by definition is a toxin that triggers a response, but you can't fix st*pid.

What I am trying to say is if the share price was 14c headed to 13c, would your opinion still be the same?Yes the market doesn't like uncertainty, but where else can you hold/acquire massive amounts of shares on a business poised to succeed so cheaply?
Rhetorical question.

Many did at 1c when it was just a dream. Now it sits at <5c after raising $140m, working through approvals and engineering etc, practically ready to mine.

Expand

Thanks for those kind words ATS, but unless you bought in more than 4 years ago (apologies for being rude) you are as stupid as me, seeing these are your words. I bought this for investment not faith based religion. Unfortunately pumpers influenced me not to stop loss early with some discipline, which is on me in the end.

also I voted against a pay rise at the AGM in the circumstances and all, it didn’t sit well

No.	Vol.	Price($)
3	714155	5.8¢

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714155

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5.9¢	82864	1

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5.9¢

82864

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3	714155	0.058
3	567000	0.057
3	475000	0.056
17	686181	0.055
4	205845	0.054

No.

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714155

0.058

567000

0.057

475000

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686181

0.055

205845

0.054

Price($)	Vol.	No.
0.059	124530	4
0.060	140685	2
0.061	118851	3
0.062	19231	2
0.063	540000	3

Price($)

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0.059

124530

0.060

140685

0.061

118851

0.062

19231

0.063

540000

(20min delay)
Last 5.9¢		Change -0.001(1.67%)		Mkt cap ! $152.5M

Open	High	Low	Value	Volume
5.9¢	5.9¢	5.9¢	$81.61K	1.383M

General Discussions, page-34147

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