With the recent VA of Valence Industries, would logistically make good acquisition for RNU.......already operational processing plant in the area (Uley - also on eyre peninsula).....plus established resource to add to total. I smell a CR in the near future.......
If these guys have a good chance of making this viable, I really think they need to get into production ASAP - and potentially beat all other up and comers to the marketplace......
Valence (Uley) was Australia's only (operational) graphite mine until they went into VA.
Does anyone think they have a good chance of establishing a sales / customer base? From my understanding, this will be what makes or breaks them......resource is one thing, revenue is another.
I bet the farm on this thing! SA needs something like this bad boy to work.....BIG TIME!!
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Open | High | Low | Value | Volume |
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9 | 814100 | 0.074 |
Price($) | Vol. | No. |
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0.080 | 1350289 | 4 |
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