RNU 2.50% 7.8¢ renascor resources limited

Ann: Trading Halt, page-40

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  1. 1,006 Posts.
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    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..
 
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