RNU renascor resources limited

You folks notice SGA is on the road trying to find customers for...

  1. 978 Posts.
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    You folks notice SGA is on the road trying to find customers for their graphite? They've employed an experienced graphite marketing exec .

    I found the [sponsored] article on smh in the business section today

    [snippet]
    The company plans to then send a tonne of the graphite, milled to 106 micron (0.106mm), to Perth for flotation tests, which are crucial for separating graphite from undesirable gangue and for size classification.Sarytogan says the flotation process is expected to produce more than 300 kilograms of Micro80C graphite, comprising 80-85 per cent total graphitic carbon, of which 200kg will be classified into three size fractions for sale to industrial customers.
    It will also airlift 100kg of its Micro80 product to the United States for purification to ultra-high purity fines and for spheronisation to yield spherical purified graphite, which will be available to possible future customers for their own validation tests.Sarytogan is looking to secure offtake agreements this year for each of its product groups to complement the significant strides it has already made on the project’s technical development and in gaining the strong financial support of the European Bank for Reconstruction and Development (EBRD), Sarytogan’s major shareholder.
    [/SNIPPET]

    Interested to see how they go and wondering why RNU recently chose to send only 1 sample out .. to China. Yes, I'm salty about this and hope I just have my facts wrong.

 
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