General Discussions, page-23435

Found in our German forum (a few weeks ago DC has replied to a user's question....the text has been translated from EN -> GER -> EN and is therefore no longer in 1:1 wording...but correct in content):

The share price has drifted sharply recently and it is understandable that this is a cause for concern.To some extent, this is due to the general weakness in battery minerals in recent months, with the impact on the graphite sector being exaggerated recently and most of the ASX-listed graphite companies pulling back.

This is likely to be a short-term trend, supported by most graphite demand and price forecasts, which predict a near-term undersupply of graphite and a likely increase in graphite prices.

Some lessons can be learned from the lithium sector, where there was a significant price decline (and investor interest) a few years ago. This led to some notable difficulties for lithium companies, including some high-profile bankruptcies in the sector. Shortly thereafter, the lithium market rebounded and prices increased by as much as 700%. The biggest beneficiaries of this price increase were the companies that were able to advance their projects to production during the more difficult times. Some of these companies are now among the largest companies in Australia.

In many ways, the market dynamics are similar for graphite, and it is not unlikely that the recent weakness in graphite company stocks will only slow the necessary advancement of projects. This will benefit those graphite companies that can advance their projects in the current climate, and that is exactly what we intend to do.With this in mind, we expect to achieve some of the key milestones on this development path in the near future, including the completion of our technical studies and further news on offtake and financing.If we are successful, then we expect that the share price may better reflect the value of Renascor.