RNU 4.76% 10.0¢ renascor resources limited

General Discussions, page-61

  1. 308 Posts.
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    I think you’re missing the part that resources are worth cents on the dollar when in the ground... RNU is not worth $2 a share just because they hold a large deposit. Project economics, financing/dept structure, project engineering, feasibility etc are all used in conjunction junction with de-risking commercialisation milestones to determine EV.. and the project proposed is worth 711mil (yes it will be upscaled in the future)

    the company still needs to raise the 200mil capex... I’m confident all these milestones will be achieved, but there is no quantifiable way you can value RNU at $1 a share... you are saying it’s worth more than double the actual project, it’s pure imagination.

    I can objectively say market cap when in profitable production can be expected to be around 700mil (eq. Of NPV) ie .50c per share. There is no metric you can use for EV calculation that can value RNU at $1 under current conditions.

    the company has huge growth ahead, but let’s be realistic and not spout unfounded, unfactual hype for impossible price targets.
    great buying at current price still though.
 
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