RNU renascor resources limited

General Discussions, page-30668

  1. 1,826 Posts.
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    Yes even on Facebook there is a group I think it’s calledAussies eye on Australia which is I sware a Liberal Party offshoot or Oil Industry one.It constantly belittles EVs,Solar and Wind.All for Coal and Gas.Talks a lot about EVs setting on fire etc etc It’s too late to stop the EV revolution even if it’s slowed slightly at the moment.
    In regards to RNU I definitely thought we would be further down the track 12-18 months ago.But then China pushed graphite prices down and all incentive to rush to mine was gone.
    But I think our stars are starting to align now.Hanwa and POSCO went into bat for us to get the latest government grant because they want ex China supply of spherical graphite and they know we are the next cab off the rank and we will be a long life,reliable and stable supplier satisfying IRA requirements which become pressing after 2027.Also satisfying ESG requirements.That is not conjecture it is fact.Rather be us than other Graphite hopefuls.
 
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