"I haven't purchased RNU yet as there will be some time before the activities add profit (2023), the time value of money is what I consider, holding cash on a slow activity stock until 2023 is not wise in a white hot market. My personal stance is invest in 2022." Quote. Unquote
I definitely agree with the first part of the above, but the latter half does not make sense.
If you agree that RNU have an excellent AND CONFIRMED resource waiting to be dug out and processed, would it not be wise to get in at these prices BEFORE the actual mining / processing begins?
Do you not think that the SP will go up exponentially as the project moves along?
The company has produced a Gant Chart with anticipated timelines; the SP will climb as boxes are ticked.
The SP will be a lot higher in 6 months, as 2022 dawns: would it not be smart to capture those gains, especially if one believes in the story?
I know what I've chosen to do
Good luck to all
General Discussions, page-358
-
- There are more pages in this discussion • 30,267 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RNU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.8¢ |
Change
0.005(5.38%) |
Mkt cap ! $249.0M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 10.0¢ | 9.3¢ | $831.2K | 8.461M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25900 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RNU (ASX) Chart |