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4.35%

7.2¢ renascor resources limited

I agree with that wholeheartedly. The last China update was 28...

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27/09/18

17:55

Post #: 35889770
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Originally posted by binwood ↑

DG (imo) has done a good job of nailing down the right partner on the other stock he is engaged by. It took him a while to get that one bedded down (well as bedded as an MOU is) too. I think the graphite space is probably even more fragmented and as such choosing the right partner is more complicated here.

Things are locked down at home now with resource ownership and land rights progressing. Feasibilities are ongoing and as such they are looking at the last piece of the puzzle. I don't know DG personally but if I have learnt anything about the way he operates over the years he will be looking for not just a partner but one who has financial firepower behind them and the ability to fund a mine. That is the key in these opaque/difficult fringe commodity markets in my opinion.

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I agree with that wholeheartedly. The last China update was 28 May following their visit. Since then a few more gates passed through including a CR, mining application, ownership resolved, lock cycle testing, couple of presentations, and admin as usual. That’s about 4 months since last China (offtake) update so I think some positive news won’t be far away. DC is a smart MD and DG successful at what he does so we should get a very good outcome here for shareholders.

RNU Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.2¢		Change 0.003(4.35%)		Mkt cap ! $223.6M

Open	High	Low	Value	Volume
7.0¢	7.6¢	6.9¢	$561.8K	7.777M

Buyers (Bids)

No.	Vol.	Price($)
3	331813	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	70445	1

View Market Depth

No.	Vol.	Price($)
1	126315	0.096
3	163394	0.095
1	10000	0.094
1	50000	0.093
2	150000	0.092

Price($)	Vol.	No.
0.099	90000	1
0.100	1024293	2
0.105	1077076	22
0.110	1141932	15
0.115	997986	13

Last trade - 16.10pm 18/11/2024 (20 minute delay)

RNU (ASX) Chart