Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-12

It's a very good Quarterly
Low operating costs we are aware of but it is operationally significant
"Renascor achieves a relatively low PSG operating cost in large part by using its own Graphite Concentrate as feedstock to produce PSG and by introducing operational efficiences into a State-Of-The-Art PSG facility. Rather than purchase Graphite Concentrates at market prices, Renascos's vertically integrated operation obtains Graphite Concentrates at it's own cost of production.
The cost saving figures reported are relevant and impressive.
Next steps Securing binding offtake agreements, concluding lender due diligence and commencing early contractor involvement.
Plenty to be done and anyone undermining or under estimating this company probably have another agenda.
My opinion and best of to us.