RNU - Summary as at 24 Feb 2018

I’m not normally a new thread starter but I had need to collate data on RNU into a summary and this is it.  Also referenced here is @wombat777 great analysis work on the financials so we have everything in one place.

Here’s Wombats financial analysis for ease of reference...
https://hotcopper.com.au/posts/31008418/single

And here is a summary of what RNU is all about, in Chill’s simplified, easily understood terms.

World Class Siviour Graphite Deposit

• Located in a South Australia - low sovereign risk
• Close to rail, road and port facilities
• Workforce nearby in Whyalla and surrounding districts
• Supportive State Government
• 6.4m tonnes of contained Graphite (indicated and inferred)
• Open to north, east and south of inferred Resource
• Flat lying and shallow
• Low strip ratio
• Largest Graphite deposit in Australia
• 9th largest Graphite deposit in the world
• Life of Mine is 23 years
• Outstanding metallurgy with 48% of concentrates between 150 and 500 microns
• 99.99% purity spherical graphite produced from Siviour
• Battery grade spherical Graphite produced from Siviour
• Siviour concentrates suitable for expandable graphite and other high-value markets
• China-focused commodity marketing advisor Mastermines appointed by Renascor
• Pre Feasibility Study expected by end Q1 2018
• Initial Mining lease application underway and to be submitted by Q2, 2018
• SOI as at 22 Feb 18 = 664.89m
• MC of $21.28m
• Last SP close = $0.032
• 52 week range = 0.015 - 0.051 (not showing on graph below because the high happened in early Feb 17 and fell away quickly. See a 2 year chart to validate if need be).



RNU is progressing this project as planned.   Any sniff of an offtake, MOU, term sheet or other instrument will see a significant re-rate to the current SP.  Samples are being prepared for testing by customers and by end of Q2, I think we will have a fairly good idea of the immediate future of RNU and a better idea of the timeline to get there.