RNU 4.60% 8.3¢ renascor resources limited

Ann: Siviour Battery Anode Material Study Results, page-276

  1. 4,089 Posts.
    lightbulb Created with Sketch. 7166
    Now now Nova !

    I think yesterdays announcement isn't a negative against RNU, for me its a reflection of a pretty poor graphite Pricing market which is affecting all graphite hopefuls.

    Current PSG Pricing Today 15um US$1,840/t
    RNU's Forecasted Break Even US$1,846/t
    $ Utilised in its DFS model US$4,716/t

    Doesn't take a rocket scientist to work out that until Pricing improves dramatically, then ALL graphite hopefuls are non-economical !
 
watchlist Created with Sketch. Add RNU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.