General Discussions, page-13965

First 13965 Last

Share
Profile

Follow
Casual investor

182 Posts.

46

15/09/22

09:13

Post #: 63708603
Share

Originally posted by Scarpa: ↑

A bit of a dump using data in previous posts. I think your post is spot on, and I firmly believe the market is finally waking up at the importance of graphite in lithium ion batteries. For others I posted on this in this embedded post here if want more info - Post #:62836216

This post in a lithium stock also gives my perspective of battery makeups, refer postPost #:56535539, and the key point is the predominant EV batteries going forward are likely to be NCM8:1:1 and NCM 6:2:2 or NCA batteries (N= nickel, C = cobalt, M= Manganese, A = Aluminium). These are the cathodes in the battery, and obviously the anode is graphite. An EV also needs 3 times more copper than an ICE vehicle btw.

Something definately worth mentioning too is the fact that recovery rates have improved and I would be expecting a higher NPV under stage 1 alone. Previous valuation here, as over the past few days I understand been discussions here around how SP is influenced by NPV and movement to construction etc- excluding Stage 2. This post also didn't take into account the improvement in recovery discussed above, so the revised numbers here will be interesting. Obviously RNU remains a risk/reward equation, and any revision and how you assess these posts are about whether costs have also increased here in assumed capex when any revisions are done. Valuation -Post #:55990978

From this article -The key minerals in an EV battery - MINING.COM- is this table:

And finally this post gives this graph on just on how many EVs are estimated to be sold annually, which means a hell of a lot of required new supply across the minerals that make up EVs - you are going to need a number of new mines to meet demand need -Post #:61005484And the below is just for vehicles, and doesn't include other forms of transportation nor the energy storage market.

For lithium alone and depending on size of mine I estimated in the above embedded post the need for a lot of new mines, so may need to do the same exercise for nickel and copper at some point (have sort of done it for graphite and would expect the same number of required new mines by the way - been a hell of a lot).

So people IMO are waking up to graphite, and having one of the largest proven resources of graphite outside China puts RNU in a good place. Investors take time to realise this but the FA has been here for a while, just need patience.

All IMO

Expand

Great post Scarpa. Appreciate your insight!

Given the current NPV of 713m AUD - would I be correct in assuming we could potentially be looking at an increased NPV towards the 2b AUD mark? Taking into account the increased recovery rates and possible expansion of stage 1 to meet current “non binding” offtake interest of 60,000t? Or am I way off here?

RNU Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

LTR

Liontown's first spodumene shipment to leave Kathleen Valley this month – but prices far from 2022

BOE

Boss Energy ramps up as industrial-scale plant build continues; FY25 guidance of 850Klb intact

SKS

SKS secures $20M for extension works on Melbourne data centre

GDP grows 0.2% in June quarter, but annual growth the slowest since the 1990s

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

There are more pages in this discussion • 17,202 more messages in this thread...

First 13965 Last

Add RNU (ASX) to my watchlist

(20min delay)
Last 9.4¢		Change -0.006(6.00%)		Mkt cap ! $238.9M

Open	High	Low	Value	Volume
9.9¢	9.9¢	9.2¢	$498.8K	5.264M

Buyers (Bids)

No.	Vol.	Price($)
6	181501	9.3¢

Sellers (Offers)

Price($)	Vol.	No.
9.4¢	106382	1

View Market Depth

No.	Vol.	Price($)
6	181501	0.093
7	197524	0.092
3	160000	0.091
9	119211	0.090
2	21235	0.089

Price($)	Vol.	No.
0.094	106382	1
0.095	199619	1
0.096	9300	1
0.099	44999	2
0.100	304693	7

Last trade - 14.47pm 04/09/2024 (20 minute delay)

RNU (ASX) Chart

General Discussions, page-13965

Liontown's first spodumene shipment to leave Kathleen Valley this month – but prices far from 2022

Boss Energy ramps up as industrial-scale plant build continues; FY25 guidance of 850Klb intact

SKS secures $20M for extension works on Melbourne data centre

GDP grows 0.2% in June quarter, but annual growth the slowest since the 1990s

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

General Discussions, page-13965

Top Stories

Liontown's first spodumene shipment to leave Kathleen Valley this month – but prices far from 2022

Boss Energy ramps up as industrial-scale plant build continues; FY25 guidance of 850Klb intact

SKS secures $20M for extension works on Melbourne data centre

GDP grows 0.2% in June quarter, but annual growth the slowest since the 1990s

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News