RNU renascor resources limited

Ann: Investor Presentation SA Exploration and Mining Conference, page-4

  1. 726 Posts.
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    I don't think we have seen this slide before, although may have missed it. This would be one of their first presentations that HASN'T given a timeline for the above. We had "finalise binding off takes" and FID planned for final QTR 2023. Now, as DC stated at AGM, they're looking at FID sometime next year.
    Looks like we'll be sitting here for a few months waiting for the next RELEVANT ann. The only thing that will get this moving is a rebound in Graphite pricing and then securing a Binding Offtake. The rest (FID) will follow IMO.
    Until then I think we'll prob slide back to the 10-11cent SP. Not downramping but just realising the market needs a BOA to get this going. Until then we have MOU's and more presentations..........

    Last edited by Skills1492: 01/12/23
 
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