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.
- Forums
- ASX - By Stock
- RNU
- RNU - Summary as at 24 Feb 2018
RNU - Summary as at 24 Feb 2018
-
- There are more pages in this discussion • 49 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RNU (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $198.2M |
Open | High | Low | Value | Volume |
7.9¢ | 8.1¢ | 7.7¢ | $614.3K | 7.764M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 240851 | 7.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 533324 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 240851 | 0.078 |
18 | 719230 | 0.077 |
17 | 671387 | 0.076 |
30 | 1155338 | 0.075 |
9 | 814100 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 533324 | 3 |
0.080 | 1350289 | 4 |
0.081 | 665298 | 6 |
0.082 | 141930 | 4 |
0.083 | 11000 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
RNU (ASX) Chart |