RNU renascor resources limited

I'm glad they are being prudent with their spending, because if...

  1. 5,461 Posts.
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    I'm glad they are being prudent with their spending, because if we logically extrapolate the speed of progress over the last 7 years since Siviour was discovered, then it looks like a full scale industrial plant will probably come into operation sometime in 2033.

    It won't be any sooner given that a demonstration plant won't come into operation until 2026 or 2027 and there is a two year evaluation period on that, say ... out to early 2029, then a decision to build an industrial scale plant sometime in 2030 or 2031 with a two year build if everything goes smoothly, that leaves a commissioning date likely to be in 2033 if there are no glitches along the way.

    Gw
 
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