Very good podcast from our MD miniminor25Many positives as you...

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03/06/23

13:29

Post #: 68113855
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Originally posted by miniminor25: ↑

Justlistened to a podcast featuring David on The Explorers Podcast with BarryFitzgerald.

Thediscussion mainly revolved around already known information, but here's asummary:

DCmentioned that the BAM study is expected to be completed around July. If thingsgo well, RNU will proceed with financing and FID. DC expressed optimismregarding the current market conditions and technical work, stating that bothare coming together in a “strong way”allowing for swift progress towards FID and financing. Once FID isachieved, it will take approximately 12-15 months to start production. DC emphasizedthat the project is already "Developed and ready."

Regardingfinancing, DC highlighted the strong support from the Australian government,which have provided a conditional loan of 185M. This support has enabled RNU tomove forward with procuring the necessary loan-lead items as they have the support.

In terms ofoff-take agreements, RNU aims to meetthe demand of the four existing agreements, totaling 60,000 TPA of SPG, andproduce a significantly higheramount than what was projected in the 2020 study.

Additionally,he stated that the current free trade agreement recently signed between AUS andthe USA is highly beneficial for RNU's upstream and downstream plans. It willbe interesting to see how this unfolds…

Althoughthe start of 2023 focused on laying the foundations for future milestones,there are several key items on the horizon: completion of technical work,conversion of non-binding off-take agreements to binding ones, completion offinancing, FID, construction, and a positive market outlook that aligns withthe development of Siviour.

Here is thepodcast - https://open.spotify.com/episode/2qLyXdYA2zZ29cD6SvqSWC?si=36c1e7dddb324311\\

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Very good podcast from our MD miniminor25
Many positives as you have highlighted.
Significant factor in this project is the resource discovery itself.
One MASSIVE ore body
LONG LIFE ore body
FLATLINE ore body
UNIQUE ore body structure
LOW PRODUCTION COST MINING

Great Resource what a way for the Siviour Project to start with such a wonderful body, very, very attractive and accessible.
Upstream - Midstream - Downstream
Siviour will be streaming capabilities, no wonder it has such strong governments support.
my opinion.
GLAH

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

0 Great analysis

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Very good podcast from our MD miniminor25Many positives as you...

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Very good podcast from our MD miniminor25Many positives as you...

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From the Floor question: "Why are you going back to Ned's Creek for a drilling campaign?" | Lodestar Minerals

MiningNews Select Conference: Smooth permitting, strong teams the key to project success and reaching demand

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MiningNews Select Conference: Look further afield for funding projects, advises Rick Rule

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