RNU renascor resources limited

3.23%

6.0¢

Good points, the quote about the market is funny for sure. Some...

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ndp_2010

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11/03/25

17:25

Post #: 78221062
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Originally posted by Bishkek2017: ↑

Yeah right, you're forgetting one thing, the market is NEVER wrong. The market thinks RNU stinks - that is a cold hard fact, not my opinion.

Yes you are correct at the moment, however the market will one day think RNU doesn't stink and the market is never wrong!!!!
Its all about the timeline in the market.

The beauty of RNU

1.is its cash position. ($108,000,000 in the bank)

2. A fantastic ore body with a low strip ratio because it has a horizontal ore body ( rare for graphite deposits).

3. It is in an excellent country with a wealth of mining and processing knowledge and the rule of law.

4. Has acquired most of the required permits and licences.

5. Has excellent technology to downstream process the concentrate to PSG

6 A government loan of $185,000,000 for project development.

7. An energy revolution occurring , one that will only increase in volume. (the WA government is giving subsidies to people investing in a home battery).

8. Due to item 7 , Graphite (PSG ) for housing and vehicles will be required in exponential numbers in the future.

9. There are not too many junior mining companies on the ASX that could match what RNU have either financially or project wise.

Be patient and stay the course and don't heed what all these armchair CEO's are saying. They know as much as the rest of us and should wait for RNU announcements are made.
Slow and steady will win the race.

Expand

Good points, the quote about the market is funny for sure. Some people a bit masochistic lol

The stock market thinks rnu and all battery minerals currently stink, ie the big boys put out a sell sentiment on all materials basically, and the battery minerals being quite hyped took thr biggest hit. Definitely doesn't mean they are worthless and if you do believe in the energy transition,(otherwise why invest here), we should be fine going into the future. How long that is, hard to say

RNU Price at posting: 4.1¢ Sentiment: Hold Disclosure: Held
4 Upvote

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(20min delay)
Last 6.0¢		Change -0.002(3.23%)		Mkt cap ! $152.5M

Open	High	Low	Value	Volume
6.2¢	6.2¢	6.0¢	$95.26K	1.575M

Buyers (Bids)

No.	Vol.	Price($)
6	296089	6.0¢

Sellers (Offers)

Price($)	Vol.	No.
6.2¢	7791	1

View Market Depth

No.	Vol.	Price($)
6	296089	0.060
4	1052329	0.059
3	714155	0.058
3	567000	0.057
3	475000	0.056

Price($)	Vol.	No.
0.062	7791	1
0.063	540000	3
0.064	269661	5
0.065	248919	6
0.066	204000	2

Last trade - 16.10pm 20/06/2025 (20 minute delay)

RNU (ASX) Chart

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