Yes it is a bit of a laugh,at $1 per share it would give RNU a $2bil dollar MC and they only have a ML,
You only need to look at the ASX largest graphite producer who has a offtake agreement with Tesla, MC of ~$1bil, no debt, and around $250 mil in cash.
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Mkt cap ! $246.5M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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