RNU 4.35% 7.2¢ renascor resources limited

When I bought in there were less than 300m SOI. There has been...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,058 Posts.
    lightbulb Created with Sketch. 152
    When I bought in there were less than 300m SOI. There has been and still to come, significant dilution, which is expected with these types of ventures. That said, as I’m sure many know, there is a reasonably constant and common life cycle for mining developments and I think RNU is in the economics stage as per the graphic below. Coupled with the extant dilution and uncertainty around ownership, the SP is what we have today. I think this is the bottom though, give or take a pip, and further work will only strengthen the future potential of RNU.

    20ED602E-DAAA-45B1-B1F3-4A2CC1BCD8CF.jpeg
    Last edited by Chill: 31/08/18
 
watchlist Created with Sketch. Add RNU (ASX) to my watchlist
(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
Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
RNU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.