Renascor have moved away from updating this time table.
This is due in part to adjustments in scale, but it has also taken into consideration the markets as a whole. This year we've seen supply chain restraints and inflationary price pressures and their impacts on timing, so it appears that RNU have shifted to being very clear on upcoming milestones as they progress towards final investment decision.
For example, in the most recent announcement (the BAM site), they referenced the BAM study, resource expansion drilling, the PEPR, offtake and finance as being key upcoming milestones.
I think it is a smart decision by management as it provides a much clearer picture. Once we have PEPR approval, the BAM finalised and finally FID, a clear path to construction and ultimately production will be visible.
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