RNU 0.00% 10.0¢ renascor resources limited

We know 10c and 20c will disappear over the coming weeks, it’s...

  1. 612 Posts.
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    We know 10c and 20c will disappear over the coming weeks, it’s honestly time to discuss deeper into RNU and as we keep digging $1 will soon become our new playground

    If you’re not convince then read all the points below, if you’re still not convince come back in 2-3months time when we’re probably re-rate around 20c+ and if that’s not enough then see you next life

    thanks Glitterati for a beautiful summary

    1. World's 2nd largest Graphite deposit
    2. Copper - binding agreement with Rio
    3. Gold assays to come
    4. Two offtake MOUs for Graphite - to be finalised
    5. The level of interest in the final 1/3 of Siviour may see the Stage 1 PSG oversubscribed
    6. Low cost processing
    7. World class supply chain
    8. Eco friendly chemical purification to produce PSG
    9. Govt support - Morrison 10 year manufacturing initiative
    10. Govt support - qualified as a new mine and so royalties reduced from 3.5% to 2% until 2026
    11. Financing - in discussions with Clean Energy Finance Corporation (“CEFC”) to secure financing for the construction of the first vertically integrated mine and purified spherical graphite operation outside of China
    12. Financing - in-principle financing support from Export Finance Australia
    13. Financing - in-principle financing support from Atradius, the export credit agency of the Dutch Government
    14. Kaolin/Halloysite deposit at Ungarra
    15. Rare Earths REE at Soyuz / Tumby Bay
    16. Operates in a LOW RISK sovereign jurisdiction (Australia)
    17. Very experienced and astute management
    18. Required documentation currently being prepared for Program for Environmental Protection and Rehabilitation (“PEPR”)
    19. Recent flotation optimisation testwork shows improved graphite purities and recovery leading to improved productivity and even lower processing costs
    20. Final Battery Anode Material Manufacturing Facility Site Selection Assessment has commenced
    21. RNU a member of European Battery Alliance


    Last edited by Azngodinvestor: 14/03/21
 
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