RNU renascor resources limited

Ann: Drilling Extends Siviour Graphite Deposit, page-16

  1. 10,225 Posts.
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    I certainly would complain. While you might be fond of things being shoved up your jacksie, I don't think I would.

    The drilling numers are the numbers. There are 2 or 3 good hits, and a lot of poor ones in this campaign. Just as you would assume there would be looking at figure 2 - the electromagnetic survey - which shows the main game is the huge, flat and low laying resource already delinated. This campaign a bit of busy work while they wait for the graphite market to develop enough for an offtake and a FID IMO.

    I don't think they should have bothered tbh - I'd rather spend every last cent on development & capex and avoiding dilution at this point.
 
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