Hi guys just a heads up on RNU. MC around 14M already Australia's largest graphite resource, significant resource upgrade pending. Metallurgical testing underway also. Initial petrographic testing indicates 80% in large, jumbo and super jumbo flake sizes. Company is presenting at the graphite supply chain conference in California mid November so could be a good platform with which to spruik some decent metallurgy results. May be worth watching for TA smoke signals of next leg up..
MGMT own atleast 25% and want more by way of CR (small - 600k) terms agreed to with chairman. Along with recent option conversion and Co. is cashed up for the next year.
