Difficult to say at this point. Market has given no real valuation for their projects, seems like just valuing their tenements. If we get a boa or jv their may be an awakening of the true value of the project?just the graphite project alone suggests an IRR of 33% - with nearly 20m yearly profit for .LOM then, we have gold, ree, uranium....1.6c does not reflect value of any of thisback of envelope maths to me, on a PE ratio of 10 ( average of asx has historically been around 14 i think) suggests a price of around 16c....so discount all pe gets us to where we are now - so no value attributed at all! I have also never seen backing from 2 govs for project finance....again, not recognized by market as derisking project. Id like to see some financial backing from SA gov job fund - NT gov just did this for another company im in....SA would be shortsighted not to follow suit. have noticed a bit of extra media coverage recently though, so thats a good start!
kalkinemedia.com/au/news/stock-market/renascor-resources-june-quarterly-report-signalling-cornucopia-of-excellence-at-siviour-graphite
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Ann: Shallow Gold Drill Intercepts of up to 16 g/t, page-47
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Last
8.4¢ |
Change
0.002(2.44%) |
Mkt cap ! $213.3M |
Open | High | Low | Value | Volume |
8.3¢ | 8.5¢ | 8.3¢ | $173.8K | 2.068M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 30072 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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8.5¢ | 384435 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 30072 | 0.083 |
11 | 759331 | 0.082 |
12 | 576702 | 0.081 |
49 | 2495322 | 0.080 |
10 | 1370292 | 0.079 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 384435 | 5 |
0.086 | 318557 | 8 |
0.087 | 655043 | 4 |
0.088 | 1677849 | 10 |
0.089 | 222444 | 1 |
Last trade - 16.10pm 28/03/2024 (20 minute delay) ? |
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Last
8.5¢ |
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Change
0.002 ( 3.28 %) |
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Open | High | Low | Volume | ||
8.3¢ | 8.5¢ | 8.3¢ | 867205 | ||
Last updated 15.59pm 28/03/2024 ? |
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