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7.8¢ renascor resources limited

Thanks for the figures @bomberemadd, thinking about stage three...

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12/01/22

01:03

Post #: 58790396
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Originally posted by bombersmadd: ↑

The current PEPR application is for a maximum throughput of 1.65 Mtpa into the processing facilty.

Stage 1 of the DFS will not go over a 1.65 Mtpa throughput.

Stage 2 (which will be modelled within the DFS) will smash the 1.65Mtpa throughput.

Why ?

Well the 2019 DFS already models a 1.65Mtpa throughput for Stage 2. Dave has already made it abundantly clear that we are going to see a significant increase in both Stage 1 & Stage 2 Production.

What does that mean in reality ?

Final PEPR approval for the Mine this Month (Fingers Crossed), Renascor will then submit an amendment PEPR application in 2-3 years time for the increase in disturbance, increased throughput, increased mine development along with all the supporting documentation and environmental impact assessment for Stage 2 !

Fast forward 2-4 years even further down the track, following further resource drilling, updated resources + Eng Modelling and feasibility work, RNU submits a further PEPR amendment for Stage 3 !!!!

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Thanks for the figures @bomberemadd, thinking about stage three makes this project more attractive than ever.

RNU Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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