RNU renascor resources limited

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Skills1492

729 Posts.

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08/08/24

23:52

Post #: 75133688
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Originally posted by MtnMusic: ↑

At a rough guess the team are beavering away at:
- Managing GR and Primero through the ECI process
- Liaising / follow up with EFA regards any due diligence questions
- BDAC meetings/updates
- Advanced engineering
- Offtake preparation/negotiation
- Graphite market research
- Full speed ahead on PSG demo plant setup > procurement, design, staffing, construction & lab liaison etc
Unsure whether there is further work required on drilling out resource/mine design etc

DC and team have history with quality announcements, not fluff; and have made outstanding CR decisions regards timing and $.
Marketing the company through the conference circuit is par for the course whilst we are still in developer phase without BOA, though some may see it as fluff. Look again at the Noosa preso: https://t.co/K8zCN6o1dg
Mr C knows this stuff inside out, and packs the RNU story into a solid swift package for any OS battery market participant to readily digest.
Given the rapid expansion of the battery minerals supply chain sector, I imagine the staff turnover matches the frenetic industry growth rate (yes, slowing from peak early era ramp '20-22, but envy of many an industry). Fresh eyes may be eyeballing his 2024 preso's and getting new impetus behind the scenes.

Summing up, while the Solitaire scenario is a quick laugh, looking seriously at the sector activity and at RNU specifically, it doesn't stand up to scrutiny IMO.
Our government loan in the back pocket (existing through both Lib & Lab govts) is testament to our leader of the pack status.

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Yep, theres Monday taken care of. Now explain what they're doing for the rest of the week?
I cant even be bothered responding to all your fluffy points.
Except for the endless presentations. Anyone of note in the Graphite Space already knows about RNU. They've spread the word, they've been hitched with Gov touring the world. They've had MOU'S for over 4 years.
But im sure they'll find some multi million dollar equity partner walking into their stand in Noosa.

RNU Price at posting: 7.9¢ Sentiment: Hold Disclosure: Held
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General Discussions, page-30830

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