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6.82% 9.4¢ renascor resources limited

timing it perfectly

  1. diggindiggler
    130 Posts.
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    10/01/19
    15:24
    Post #: 37082052

    Any thoughts on whether we're in no real rush for stage 2 development considering the graphite price is currently on the rise.


    Just had a read of http://australianminingreview.com.au/commodity-focus-graphite/ and I know the price I'd prefer to be selling at. 


    "the price of flake graphite (the kind most mines like Siviour would produce) was currently hovering between $US800 per tonne and $US1800/t depending on the size and purity.The prices have been gradually rising over the last six-months and are projected to continue this trend... "



    RNU Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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