RNU renascor resources limited

Ann: Half Yearly Report and Accounts, page-12

  1. 2,197 Posts.
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    This has been an impressive 6 months.
    Just in summary:
    - Drilling confirmed a major extension to the Siviour Graphite Deposit.
    - Entered into a non-binding MOU with Mitsubishi Chemical for to provide them the offer of potential purchasing of product and a further option to consider a commercial partnership.
    - BAM study completed confirming vertical integrated mine & downstream PSG is low-cost & high-value.
    - Entered into licensing agreement with Dorfner ANZAPLAN to apply a hydrofluoric acid free purification process.
    - November 2023 Company entered into a land purchase agreement to acquire the property that hosts the Siviour Deposit.
    - Revised the projected product mix increasing the production of size fractions greater than 150 microns increasing the amount of coarse flake graphite that can be sold.
    - Company entered into a connection agreement with SA Power Networks to upgrade the existing network to facilitate the mine & processing plant.

    Plenty being achieved and No doubt Renascor is on the verge of fully launching their/our flagship Siviour Project.
    More patience required still as the dots join up, but the huge potential of this project is very close to becoming reality.
    GLAH.
 
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