The elephant in the room for me is the timeline that was published in August. I remember writing something like - six weeks out, what could go wrong. I wrote to the CEO to query this. He replied saying that it wasn't meant to be a timeline as such more like an indication of next steps.
Make of that what you will.
I believe that it was, as published, a time line with the procedural steps. So, what happened? The Washington conference and China's export licencing of graphite happened.
I am optimistic that these two events have caused a ruction in the formation of agreements. What those ructions are, like you, I can only guess at. I would surmise that these events could only be positive for Renascor and that they are the cause for the timeline failure. Juju.
RNU Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
