Morning Traders Monday 22nd August, page-126

  1. 13,333 Posts.
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    RNU/RNUO - Reading announcement in details providing really good overview of how far RNU has progressed and possible increased in resources. Yet, market is very quite to respond today . Further drilling results expected in 2 weeks.

    "The results to date confirm that graphite mineralisation extends for at least 1km west and 700m east of the Siviour Indicated Resource and remains open in both directions. The presence of thick, shallow sequences of high-grade graphite over extended strike-lengths suggests that the Siviour mineralised body is unique in the Eyre Peninsula and favoured in terms of both its potential size and strip ratio. Upon receipt of the remaining assays within the next two weeks, Renascor expects to commence a revised resource model for the Siviour deposite"

 
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