Maybe not 10x look at what PLS did....fine tuning, getting everything running, BUT graphite easier to deal with than Li ?? my understanding is it is.
I would have thought once the plant is switched on we would be looking at .80c through $1.45 or so.
Then the market will start to look at when they are actually profitable....and that will be forward looking by anywhere between 6-24 months at this stage you would expect to see some big funds stepping in.
Often these institutions by their funds constitution cant buy until risk is minimal. Take the Vanguard Oz share fund for instance, as soon as RNU hits the ASX 300 they will be compelled to purchase. Unless I am mistaken RNU not in the ASX300 yet ??
Once the market determines the estimated timeline to profitability then we will see RNU sp progress similarly to PLS's...just my opinion.
STILL have a few boxes to tick....so we need to keep a lid on expectations, I am finding this hard as well. Lets get that PEPR Ann out DC![]()
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Last
7.7¢ |
Change
-0.002(2.53%) |
Mkt cap ! $195.6M |
Open | High | Low | Value | Volume |
7.9¢ | 7.9¢ | 7.6¢ | $246.2K | 3.157M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 534076 | 7.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 132663 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 534076 | 0.077 |
11 | 772667 | 0.076 |
17 | 514397 | 0.075 |
5 | 550527 | 0.074 |
2 | 10000 | 0.073 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 132663 | 2 |
0.080 | 320112 | 6 |
0.081 | 406507 | 3 |
0.082 | 30000 | 1 |
0.083 | 328500 | 3 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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