RNU renascor resources limited

At current market pricing pretty much all graphite mines will...

  1. 219 Posts.
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    At current market pricing pretty much all graphite mines will struggle with finance. Hence why there has hardly been any capacity brought online lately, and pretty much every graphite mine is delayed. Add to this those online in china are likely losing money in a price war. This isn't a rnu thing, it's a graphite thing.

    But u know what fixes low prices? Yup u guessed it, low prices.

    also I think if u read the documentation, the "whole heap of capex" u refer to is fairly manageable imo. We can EASILY get to stage 1 graphite mine and processing plant.

    Suspect the financing options are there and more than available as DC alluded to in the webinar it's just at what sort of risk profile do we want to undertake it or what type equity do we want to give up.

    all in my humble opinion.
 
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