I’m not normally a new thread starter but I had need to collate data on RNU into a summary and this is it. Also referenced here is @wombat777 great analysis work on the financials so we have everything in one place.
Here’s Wombats financial analysis for ease of reference...
https://hotcopper.com.au/posts/31008418/single
And here is a summary of what RNU is all about, in Chill’s simplified, easily understood terms.
World Class Siviour Graphite Deposit
• Located in a South Australia - low sovereign risk
• Close to rail, road and port facilities
• Workforce nearby in Whyalla and surrounding districts
• Supportive State Government
• 6.4m tonnes of contained Graphite (indicated and inferred)
• Open to north, east and south of inferred Resource
• Flat lying and shallow
• Low strip ratio
• Largest Graphite deposit in Australia
• 9th largest Graphite deposit in the world
• Life of Mine is 23 years
• Outstanding metallurgy with 48% of concentrates between 150 and 500 microns
• 99.99% purity spherical graphite produced from Siviour
• Battery grade spherical Graphite produced from Siviour
• Siviour concentrates suitable for expandable graphite and other high-value markets
• China-focused commodity marketing advisor Mastermines appointed by Renascor
• Pre Feasibility Study expected by end Q1 2018
• Initial Mining lease application underway and to be submitted by Q2, 2018
• SOI as at 22 Feb 18 = 664.89m
• MC of $21.28m
• Last SP close = $0.032
• 52 week range = 0.015 - 0.051 (not showing on graph below because the high happened in early Feb 17 and fell away quickly. See a 2 year chart to validate if need be).
RNU is progressing this project as planned. Any sniff of an offtake, MOU, term sheet or other instrument will see a significant re-rate to the current SP. Samples are being prepared for testing by customers and by end of Q2, I think we will have a fairly good idea of the immediate future of RNU and a better idea of the timeline to get there.
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Last
8.1¢ |
Change
-0.001(1.22%) |
Mkt cap ! $205.8M |
Open | High | Low | Value | Volume |
8.2¢ | 8.8¢ | 8.0¢ | $1.340M | 16.20M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 110320 | 8.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 110320 | 0.081 |
6 | 255455 | 0.080 |
9 | 642194 | 0.079 |
17 | 909434 | 0.078 |
4 | 124000 | 0.077 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 100000 | 1 |
0.084 | 124000 | 1 |
0.085 | 250000 | 1 |
0.086 | 20000 | 1 |
0.088 | 200000 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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