RNU 4.76% 11.0¢ renascor resources limited

No one really knows how prices will play out by the time RNU...

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    No one really knows how prices will play out by the time RNU gets into production nor what the exchange rates will be - hence pricing will more likely be determined by market forces. If you look at the price of gold for instance, it's at the mercy of the market (and so are other commodities) - irrespective of inflationary pressure.

    It'll fall back on management to mitigate risks - some do it by hedging to ensure certain pricing to protect margins - but of course if inflation does takes hold, it'll erode margins.
 
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Last trade - 11.02am 19/04/2024 (20 minute delay) ?
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