General Discussions, page-1980

You have to hand it to DC and management to turn Renascor into a non-threatening and therefore desirable partner for the anode players. I’m half expecting more to come.

Also, it was at least reassuring that an independent and respected organisation like the AFR has now acknowledged Renascor’s potential. It’s only taken a year or so for someone like them to recognise the potential for a new Australian industry to evolve — although they didn’t put it like that.

Yet for us devout shareholders nothing fundamental has changed at all. The resource is still the same massive flat-lying ore body located in the same sovereign risk free state of South Australia. You question, why it takes so long to see it?

As there is no barrier to entry for graphite companies, it appears to many investors like the market is plentiful and accessible. However, for some wannabes they have bamboozled investors into a false hubristic atmosphere and as a result it may seem like everyone is on equal terms and that we will all make money.

On the other hand, it’s hard for anyone to argue that the Siviour BAM Project won’t make money for its shareholders.

Time will tell.

All IMO, GLTAPH