RNU 0.00% 8.1¢ renascor resources limited

RNU - Fundamental Value Question

  1. 160 Posts.
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    I like the general thematic of Renascor and the tier one nature of their flagship project but are there any HC members who have a good understanding of the Siviour BAM Project that can provide some clarity on the following to allow me to assess its fundamental value relative to current market capitalisation of circa A$425m:

    I see the June 2020 project study resulted in an NPV(10) of US$499m (~A$770m at current exchange rates) based on stage 1 production of 28k tpa of PSG:
    1. Do we know what the current updated study is contemplating as its increase to planned production capacity for stage 1?
    2. What are the current total capital costs for stage 1?
    3. What funding has already been conditionally secured (above the A$185m loan facility from Export Finance Australia) to fund this?
    4. I know it is subject to a feasibility study now but has Company provided any indication on what the numbers for proposed Stage 2 look like? ie. Production rates, NPV, capex, Life of Mine?
    5. What is the project construction time and planned timing of first production?
    Any information is greatly appreciated.
 
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8.3¢ 8.3¢ 8.0¢ $240.7K 2.980M

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2 17000 8.0¢
 

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8.1¢ 117618 2
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