I think you missed the REALLY BIG ONE Mallyrock ! The new DFS...

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Bishkek2017

443 Posts.

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22/01/22

21:42

Post #: 59065367
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Originally posted by Mallyrock ↑

I agree.

One thing I didn’t mention that both @bombersmadd and @TenX have picked up on is the looming theme of graphite price increases and how it is priced due to a lack of spot and futures markets.

So, it will be most interesting to see the Asian Metals release of their 1st Graphite Pricing Update for 2022. Do we know when?

Especially considering that RNU’s already has a graphite concentrates feedstock advantage (flake graphite has already increased) over its rivals. This enables it to compete with anybody on price before it goes into the downstream PSG process. Based on recently announced efficiencies, it’s likely to be shown in coming updated studies, to potentially blow the market out of the water.

Not forgetting that when RNU decided to vertically integrate to produce PSG, it did so with the professional assistance of Burnvoir, who have been their advisor's since 2017. Burnvoir advised Pilbara Minerals on a range of funding advice including debt funding with the Clean Energy Finance Corporation (CEFC). Consequently, the CECF has already announce its in-principal support, and other potential financing options and arrangements could eventuate through their professional involvement.

Renascor has clearly made an impact thus far. Strategies seem to be working, bankable Offtake’s with Anode Makers’ seem more likely, Government at all levels are on side (Australian Government’s Critical Minerals Road Map, CECF support, Export Finance Australia, SA government and local regional government).

Exiting times ahead!

All IMO, DYOR, GLTAH

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I think you missed the REALLY BIG ONE Mallyrock !
The new DFS should be coming out in the near future and I think that will blow the share price into orbit should it now have a stage 1 of 60,000 tonnes of PSG instead of the 28,000 tonnes in the first DFS.
Should it be 60,000 tonnes then RNU would have to be in for serious rerate.
Good luck to all shareholders.

RNU Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
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