Ann: Trading Halt, page-40

Activities since the last placement have been outstanding
Renascor Signs First Offtake MOU» 26-Apr-2018
Renascor enters into non-binding MOU to supply graphite from Renascor’s Siviour Project to Qingdao Chenyang Graphite. The MOU also covers cooperation to process a bulk sample of graphite from Siviour and to explore collaboration for the supply of value-added graphite products.
Non binding and co-operation are not money in the bank but IMHO that shows that they plan to follow KDR and CLA with value adding upstream development. BIG PLUS for me.
Siviour Graphite Project 100% Acquisition » 23-Apr-2018
Company transitions into development mode. Agreement secures Renascor’s right to 100% of Siviour in anticipation of commencement of Definitive Feasibility Study and advanced offtake and funding discussions to support planned development of long-life and high-margin mine
Battery Anode Material Successfully Produced from Siviour» 17-Apr-2018
Independent tests confirm Siviour concentrates can be processed into 99.98% spherical graphite suitable for use in lithium ion battery anodes. High purity (99.95% C) spherical graphite sells at a significant premium to flake graphite concentrates, with current market prices in excess of US$3,000/t

Other Key Milestones
Cobalt Target Zones Expanded at Olary Project» 10-Apr-2018
Siviour Prefeasibility Study and Maiden Ore Reserve» 14-Mar-2018
Positive Metallurgical Tests for Expandable Graphite» 21-Feb-2018
99.99% Purity Spherical Graphite Produced from Siviour» 15-Feb-2018
Spherical Scoping Study Further Improves Siviour Economics» 08-Feb-2018
Battery Grade Spherical Graphite Produced from Siviour» 25-Jan-2018
Renascor Appoints Commodity Marketing Advisor» 29-Nov-2017
Cobalt up to 0.87% From Drilling at Olary Project» 27-Nov-2017
Development Options for Siviour Graphite Project» 18-Oct-2017
$3m Placement to Advance Siviour Graphite Project» 20-Sep-2017

The Directors hold 20% of the shares. Skin in the game.

The additional funds keep moving this project forward. QUICKLY..