Well, we may have all grown beards and attitudes waiting for it.. There has been uncertainty around how well some projects would stack up with a weaker graphite price, but good to see it confirmed that this project is sound.
40 year mine life $388m NPV and a healthy 33% IRR $83m EBITDA
Not a bad project for the current $13m MC. Offtake discussions ongoing and once signed should attract some good attention.
RNU Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held
