RNU (ASX) 30 Compelling Reasons to invest in Renascor Resources (RNU)

Originally posted by Glitterati: ↑

Hi Guys,
It was suggested to me that it was probably time to update the list of reasons as to why the market fell in love with RNU especially in light of some possible indiscriminate selling over the past few days. Let's not lose sight of what have here people, you are holding GOLDEN TICKETS and you will be rewarded in spades should you have the discipline to hold LT IMO

30 Compelling Reasons for investing in Renascor Resources (RNU)
1. World's 2nd largest Graphite deposit
2. Copper - binding agreement with Rio
3. Gold assays to come
4. Three offtake MOUs for Renascor’s PSG including the recently negotiated one with Hanwa Co Ltd Japan
5. Working with Sydney-based battery anode company Sicona to jointly develop a next-generation lithium-ion battery anode material which combines silicon with graphite to significantly improve anode capacity and cell energy density
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 Australia - a LOW RISK Sovereign Jurisdiction vs eg Tanzania or Ghana in Africa where other ASX listed graphite stocks operate. (Tanzania is marred by Child labour and there are a raft of issues that Aus Govt will have to look into before spending tax payers money supporting some of these companies) Refer to ASX:RSG in Ghana and ASX:IDA in Tanzania for horror stories of companies being stripped of their tenements by those Govts
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 is a member of the European Battery Alliance (EBA)
22. RNU has been accepted as a member of the European Raw Materials Alliance (ERMA)
23. Renascor Resources identified as a “Selected Australian critical minerals project” in the Australian Government’s Resources Technology and Critical Minerals Processing National Manufacturing Priority Road Map
24. Renascor is on track to become the world’s first integrated, in-country mine and Purified Spherical Graphite operation outside of China
25. Negotiation of Binding Offtake Agreements for existing MOUs is progressing well with preparation of bulk PSG samples underway
26. Above standard carbon purity of 99.8% while industry standard is 99.5 %
27. Company has been inundated with interest from prospective buyers of its PSG to the point where Stage 1 of the mine ( 28,000 tonnes per year ) has been fully subscribed
28. As a result of an increase in inbound enquiries from globally-recognised anode and battery companies for Siviour PSG, it is now considering an expanded stage one production capacity or an additional stage two PSG production capacity
29. The recent MOU with Hanwa gives the company exposure to the Japanese anode market (first 2 MOUs were with Chinese interests). Hanwa deals with some of the world’s largest metal and chemical producers and operates a dedicated Battery Team for the supply of graphite
30. Letters of Support secured from all levels of government and numerous community and regional groups. Community support is such a vital part of the whole process and it becomes difficult to operate in an environment without the support of these groups

DYOR and GLTAH

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Hanwa is one of Asia’s largest traders in battery chemicals and has a market value of ¥140bn ($1.7bn) and recorded sales of ¥1,700bn ($21bn) in the 2020 financial year. personally love this taken from (*) article. Hopefully we move this from MoU to binding!
also:
the mining royalties reduction is what really got me excited.
also this one i think is important for next generation batteries:
https://renascor.com.au/wp-content/uploads/2019/12/20191218-Joint-Development-Agreement-with-Battery-Anode-Company-2013012.pdf

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(20min delay)
Last 9.0¢		Change -0.004(4.26%)		Mkt cap ! $228.7M

Open	High	Low	Value	Volume
9.2¢	9.3¢	8.8¢	$323.8K	3.575M

30 Compelling Reasons to invest in Renascor Resources (RNU), page-2

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