Fundamentally though Sugarloaf is a longer term project. It was...

Fundamentally though Sugarloaf is a longer term project. It was already known there was a lot of material there, the question is whether the mets can work.

Lacroma on the otherhand there has been very limited drilling historically, yet the mets from the drilling done (3 or 4 drills) have been tested and amenable to battery anode process.

So if you discover a big resource at Lacroma, in the immediate term it's a much bigger deal, just as solving the sugarloaf mets would be (but that is potentially a few years away).

A big discovery now, of battery anode compatible material in the middle of agreements with the US, that are based on building a sustainable supply chain would be interesting. Most of the graphite is in China or Africa, whereas a project in SA, with the renewable grid, and solid political ties .......

Renascor seems to be focused on asian markets (but could pivot), so plenty of opportunity for another big project supplying the US (and potentially European markets). Just have a look at the activity of Ford in lithium, the race is on to secure the materials.

All will be revealed soon, one way or the other i think, but respect your technical analysis.