RNU 0.00% 10.5¢ renascor resources limited

General Discussions, page-22772

  1. 1,756 Posts.
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    Can understand that wottagun, wotta versatile material graphite is:
    - Lithium-Ion batteries
    - Refractories / High temp. Furnaces & reactors
    - Lubricants / Dry lubricant used in applications where oil & grease cant be used.
    - Pencils
    - Fuel cells/ Electrodes
    - Steelmaking / Lubricant & purifying agent.
    - Nuclear Industry / Fuel rods & nuclear reactors
    - Aerospace / Aircraft & rocket components
    - GRAPHENE / Graphite is the raw material used to produce this new material that many experts consider is the material of the future with its revolutionary properties.

    Industrial related industries accounted for approx. 70% of global graphite demand in 2022.
    DEMAND from the EV market is obviously growing rapidly and forecasters are posting that it will take up more than 60% of graphite demand by the end of 2030.
    Its no wonder forecasters are also saying by 2030 natural graphite is projected to have among the largest supply shortfalls of battery materials.
    Renascor with its graphite project is going to come of age at a very important time in history and you have to think with the current political alliances being established and the associated benifits that come with that then Renascor is going to be a very important player in global transitioning and you know what that means.
    Hard not to be enthusiastic about this stock and its magnificent ore body.
    I now have invested on my own right several times and also in two superfunds, not ramping, just very confident and I don't mind sharing my enthusiasm, hope you all don't mind.
    My opinion.
    GLAH


 
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