RNU - GRAPHITE and Lithium OPPORTUNITY

[SCHUMACHER]

Heads up on this one people - they currently drilling out Arno Graphite project - 1 week into drilling :) good time to buy if you like it !!

The Siviour graphite deposit is currently the largest reported graphite Mineral Resource in Australia,
with a JORC-compliant Mineral Resource estimate of 16.8Mt @ 7.4% TGC for 1,243,200t of contained
graphite, including high-grade mineralisation of 5.9Mt @ 10.0% TGC 590,000t of contained
graphite

Initial met and petrological testing!!!!!!!

In addition to the drilling, EPM conducted some preliminary flotation tests
in 2014 on a sample from one hole drilled on the eastern margins of the
Paxtons prospect, which is part of the current exploration target. ALS
Metallurgy performed bench flotation and gravity tests over a 2.5kg core
sample, obtaining graphite recovery of 87% and producing 93% purity of
concentrates with flake size up to 600µm.

http://www.aspectfinancial.com.au/docserver/01742159.pdf?fileid=01742159&datedir=20160519&edt=MjAxNi0wNS0yNysxMzozODozNisxMjArNjEyMDg3ODIrZX RyYWRleG1sK3JlZGlyZWN0Ky9pbWFnZXNpZ25hbC9lcnJvcnBh Z2VzL0V0cmFkZVBERlRpbWVvdXQuaHRtbCsvaW1hZ2VzaWduYW wvZXJyb3JwYWdlcy9wZGZkZWxheWVkLmpzcA==&popup=true


Graphene is the future. Plain and simple.
It's 200 times stronger than steel, thinner than a sheet of paper, and more conductive than copper.
And that's not all...
Researchers the world over are using it for critical advances in a variety of industries. Graphene makes:
Solar – 50x-100x more efficient
Semiconductors – 50x-100x faster
Aircraft – 70% lighter
We're talking batteries that charge 10x faster and store 10x more power...
Phones and computer displays that bend and fold...
And even the potential to make people and things completely invisible.
Indeed, the Huffington Post notes graphene will “change the world.”
It's so vital to our future that it's been named a "supply critical mineral" and a "strategic mineral" by the United States and the European Union.
Yet only a few companies around the world have access to mineral resource that is required to make graphene. And 70% of supply is controlled by China.
So the setup is perfect for any non-Chinese supply to become an extremely lucrative investment, just like rare earths a few years ago.
A new report from the Outsider Club fully outlines the situation:
What graphene is used for...
Where the supply will come from...
And why now is the perfect time to invest in this world-changing discovery.


cheers SCHU

[SCHUMACHER]

I predict this will break out next week - great prospects and cant be overlooked for much longer - Please DYOR and make your own decisions


GLTA

[Joshuatree]

Thanks and good luck.Too risky for me.

[SCHUMACHER]

Your welcome- Not risky IMO - the risk is lack of research and understanding about this high grade low hanging beauty so here are some more facts from the experts - DYOR this could be one of the great finds on home soil - way undervalued to its graphite peers - take a look at the latest research report - first pass shows a grade and resource that is nothing sort of impressive and its trading at 1.9c - multi bagger in the making based on Over 80% of samples tested are large, jumbo or super‐jumbo flake size :)

http://www.renascor.com.au/reports

go to latest research report

■ RNU announced a maiden Resource estimate of 16.8Mt, of
which 6.8Mt, grading 8.1% Total Graphitic Carbon (TGC)
is Indicated and 10.0Mt grading 6.9% TGC is Inferred.
■ Within this, there is a higher grade portion of 5.9Mt
grading 10.0% TGC.
■ The ore-body is shallow and flat lying. Over 80% of
samples tested show flake size to be large or bigger.
■ RNU is on track for a scoping study by September. 2016.

Over 80% of samples tested are large, jumbo or super‐jumbo flake size
Petrological examination of high grade samples from RC drilling show over
80% to be high value large, jumbo or super‐jumbo flake size.***
Shallow, flat‐lying deposit
The Arno deposit mineralisation begins from 10m below surface, and the
ore‐body has an average thickness of 20m, so mining costs should be low.***
Enterprise Value $2.1/t of Resource, in South Australia; RNU looks cheap
Beer & Co’s analysis shows that RNU has a low value compared its peers,
which range up to $29.5/t of contained graphite.***

THIS IS WHAT THE EXPERTS ARE SAYING ABOUT THIS GRAPHITE DEPOSIT (Taken from BCP Equities research report in April 2016, also on the companies website )

We believe that RNU is trading at a significant discount to its peers despite having a bigger or better quality resource and is potentially the most commercially viable graphite deposit outside of East Africa. It is reasonable to expect RNU to be trading at least in line with the average in – situ valuation of its peers. It is for these reasons we are initiating coverage of RNU with a Speculative Buy recommendation and a price target of $0.06/share.

The first chart below depicts the size (x-axis in million tonnes) and grade (y-axis) of the ASX listed companies with defined graphite resources and the bubble size represents the enterprise value of the company. As obviously depicted there is only one company with a huge deposit with greater than 10Mt of contained graphite, SYR with 128Mt from 1.2Bt at a grade of
10.8%. One the second chart below we dialled into the smaller end of the group and focused on companies with measured and indicated resources. We have excluded the two companies with deposits with greater than 4Mt of contained graphite, SYR and MNS. As shown in this chart RNU has a significantly smaller enterprise value compared to its peers despite a comparable resource in terms of size and grade.

Given the drilling results to date it is realistic to see RNU not only increasing the size of the resource but moving a significant portion of the current inferred resource and any new resources into these
higher confidence categories.

VALUATION
RNU has quickly defined the attractive and scalable attributes of the Arno Graphite deposit. However, due to the early stage of development we believe that the implied in-situ value of the deposit highlights the undervalued nature of the company. We have identified twelve companies listed on the ASX with defined graphite resources. Within this group in-situ values of total resources defined to date range from $1.20/t to $26/t of contained graphite with an average value of approximately $11/t.
All the companies in the group, with the exception of one, have some of the defined resource in the measured and/or indicated categories and these are valued from $2.50/t to $60/t of contained graphite with an average value of approximately $30/t. :)

[SCHUMACHER]

Going to be an interesting run if 2c gets broken - drilling continues till end of week then core samples will be analysed remembering we have already got some stellar results at ARNO Eyre Peninsula Project - good to see lack of interest at the moment which is when i believe the best time to accumulate before the volume kicks in - i stand by my comments about RNU being a multi-bagger by years end - the only question is how may multiples :) in my view this is one of the most undervalued plays on the ASX - please DYOR

Renascor has recently defined a large-scale, high-quality coarse flake graphite resource at its Siviour deposit in South Australia’s Eyre Peninsula. With an Indicated and Inferred Resources measuring 16.8Mt @ 7.4% total graphitic carbon (TGC) for 1,243,200t of contained, Siviour is presently the largest reported graphite Mineral Resource in Australia and remains open along-strike.
The Siviour deposit is shallow, tabular and near flat-lying, with most of the graphite mineralisation occurring beneath only 10m to 25m of surface cover. As shown in (See Figure 2), Section 631800E, the westernmost section drilled of the Indicated Resource, shows a thick, shallow graphite-mineralised zone that is near flat-lying over the southern and central portions of the prospect before dipping gently to the north.

... so this will just build on what we already have and i therefore expect the market to re-rate it
p.s Im not a trader so day to day fluctuations not a concern for me - I look at medium to long term plays not gyrations - they are for gamblers :D

Graphite is more interesting play than Lithium however we have potential for a nice healthy lithium deposit also -

GLTA

[Joshuatree]

Fair enough; I've made good coin in Lithium plays and many think thats a risky spekky play. Getting in and out early without being too greedy, before the trend changes can be tricky for me , with all the day traders and Intsos using bots and planting rampingUp/Down info on the threads etc. So to be , gone before the tide goes out and exposes one wearing wet PJ's is the challenge:).

[SCHUMACHER]

yes indeed - algorithms and trading platforms used by the sophisticated ( if you can call them that) have destroyed the SHAREMARKET as we once remember it as its scared alot of mums and dads away and they taken their money into the property sector
Therefore the market is very different these days as its those traders looking for a pip or two return that confuse investors who want to invest for future realised value and in-situ value dosent have same impact on stocks these days unless hype is added into the mix - SO KEY is to look through all the smoke and mirrors - GLTU Joshuatree - we all going to need it :D

[SCHUMACHER]

Something interesting ive picked up in last nights announcement referring to General Meeting coming up on 30 June (which IMO should coincide with core drill results being released to market PRIOR TO MEETING OR IN 3 WEEKS TIME WHICH IS WHAT THEY REPORTED so maybe around 19th 20th June) -

So back to the GM announcement last night ------they stated that the drilling commenced on 16th May at its Siviour deposit was to be for a duration of 2 weeks well if that the case they would have now completed their drilling and would have plenty of drill core samples ready to send to lab by now so keep an eye on any price movement - im sure they will keep it as quiet and professional as possible before results are released - we dont want a leaky ship as we know they already have great success with a defined high grade , low hanging resource

"Proceeds from the May 2016 Placement will be used to fund resource expansion drilling on the
Siviour deposit and to commence comprehensive metallurgical test work at Siviour as well as to
provide working capital and to cover the costs of the capital raising. Drilling at Siviour
commenced on 16th May 2016

Renascor has recently defined a large-scale, high-quality coarse flake graphite resource at its Siviour deposit in South Australia’s Eyre Peninsula. With an Indicated and Inferred Resources measuring 16.8Mt @ 7.4% total graphitic carbon (TGC) for 1,243,200t of contained, Siviour is presently the largest reported graphite Mineral Resource in Australia and remains open along-strike.
The Siviour deposit is shallow, tabular and near flat-lying, with most of the graphite mineralisation occurring beneath only 10m to 25m of surface cover. As shown in (See Figure 2), Section 631800E, the westernmost section drilled of the Indicated Resource, shows a thick, shallow graphite-mineralised zone that is near flat-lying over the southern and central portions of the prospect before dipping gently to the north.

I might top up a few more today :)

[SCHUMACHER]

Could RNU become a smaller version of SYR ???- we know they have a massive measured high grade resource however even if RNU eventually ends up with a graphite resource of 1/10th of SYR - RNU represents extreme value at 2c share - below its peers and already has an established high grade asset - i suspect that the market has certainly overlooked this asset.

Even the April 2016 research reports saying it is worth multiples of todays price of 2c - good one to accumulate and wait for the calvary to arrive not to mention the most recent round of drilling at Arno PROJECT :)

i CERTAINLY THINK ITS ONE OF THE BEST POTENTIAL STOCKS ON ASX TODAY !- some companies are trading multiples higher and only have rock chip samples LOL

Someone just bought a million options RNUO at .005 with an exercise of 3c before end of September so they expect this heads to be trading at over 3c - interesting as they will end up paying 3.5c a share - thats confidence

anyway - enough said on this one !! DYOR

[Rawiri]

love the condifence schumacher and thanks for the headsup and sharing your research. I have to agree with you when you say that graphene is the future, I watched a documentary called "billions in change" and one innovation they highlighted in the doco that could revolutionise the planet and produce an unlimited energy source was using graphene as a semi conductor to generate energy from the heat of the earths core, sure we are probably years away from this but still exciting none the less. however I can almost guarantee solar is the future too but i wouldnt be throwing my money at every solar energy company! jumped in for a cheeky punt today!

[SCHUMACHER]

Drill results very close now - once we get them this should fly - exciting times and i expect shareprice to double on release of announcement of drill results - big call but considering its under the radar big time - bets time to get in if you like this one
lots of anticipation on this one as its Australias largest reported Graphite mineral resource and is the future !!


The Siviour graphite deposit is currently the largest reported graphite Mineral Resource in Australia,
with a JORC-compliant Mineral Resource estimate of 16.8Mt @ 7.4% TGC for 1,243,200t of contained
graphite, including high-grade mineralisation of 5.9Mt @ 10.0% TGC 590,000t of contained
graphite

Initial met and petrological testing!!!!!!!

In addition to the drilling, EPM conducted some preliminary flotation tests
in 2014 on a sample from one hole drilled on the eastern margins of the
Paxtons prospect, which is part of the current exploration target. ALS
Metallurgy performed bench flotation and gravity tests over a 2.5kg core
sample, obtaining graphite recovery of 87% and producing 93% purity of
concentrates with flake size up to 600µm.

http://www.aspectfinancial.com.au/do...A==&popup=true


Graphene is the future. Plain and simple.
It's 200 times stronger than steel, thinner than a sheet of paper, and more conductive than copper.
And that's not all...
Researchers the world over are using it for critical advances in a variety of industries. Graphene makes:
Solar – 50x-100x more efficient
Semiconductors – 50x-100x faster
Aircraft – 70% lighter

We're talking batteries that charge 10x faster and store 10x more power...
Phones and computer displays that bend and fold...
And even the potential to make people and things completely invisible.
Indeed, the Huffington Post notes graphene will “change the world.”

It's so vital to our future that it's been named a "supply critical mineral" and a "strategic mineral" by the United States and the European Union.
Yet only a few companies around the world have access to mineral resource that is required to make graphene. And 70% of supply is controlled by China.
So the setup is perfect for any non-Chinese supply to become an extremely lucrative investment, just like rare earths a few years ago.

A new report from the Outsider Club fully outlines the situation:
What graphene is used for...
Where the supply will come from...
And why now is the perfect time to invest in this world-changing discovery.

[SCHUMACHER]

Check out slide number 8 - shows companies that have been massively re- rated after drilling- example is Volt Resources VRC - look what happened to their share price - exciting times for RNU and so under the radar its not funny - amazing opportunity to make some serious money here IMO dyor

Love this quote below !!!!

"This graphene battery technology is set to iron out all of the bugs currently hindering lithium ion batteries."

http://www.aspectfinancial.com.au/docserver/01756515.pdf?fileid=01756515&datedir=20160711&edt=MjAxNi0wNy0xMysxMDozMDoxOSsxMjArNjEyMDg3ODIrZX RyYWRleG1sK3JlZGlyZWN0Ky9pbWFnZXNpZ25hbC9lcnJvcnBh Z2VzL0V0cmFkZVBERlRpbWVvdXQuaHRtbCsvaW1hZ2VzaWduYW wvZXJyb3JwYWdlcy9wZGZkZWxheWVkLmpzcA==&popup=true

*******Graphene, made from graphite, will eventually surpass the lithium technology phase we are in.

RNU represents great value for money given the need for graphite in battery technology. -watch the SP rocket.

http://www.nextsmallcap.com/better-battery-tesla-asx-stock-invests-graphene-battery-tech/

http://www.prnewswire.com/news-rele...mpete-with-tesla-battery-plans-498906251.html

[SCHUMACHER]

For those interested..........

released 7th June
This below is what the market is waiting for so we are probably a week overdue - so any movement through 2c may indicate news is close - they reported that they had SIGNIFICANT STRIKES so lab has had the drill cores for over 3 weeks - im hearing that we may get announcement by end of this week - :D Please dont take this as an indication to buy AS ITS NOT FACTUAL and please DYOR

might even call the company to get clarification
\

7th June 2016
Completion of diamond drilling !!
Renascor Resources Limited (ASX: RNU) is pleased to announce the successful completion of a large
diameter, diamond core drill program at its Arno Graphite Project in South Australia’s Eyre Peninsula.
See Figure 1. Renascor completed four holes for approximately 225m within the Indicated and Inferred
portions of the Siviour graphite deposit.
Renascor intersected substantial graphite in each of the four holes drilled in the current program. Core
cutting is underway, with samples to be sent to the laboratory this week and assay results expected to be
released later this month.
Renascor expects to use the core obtained to advance further metallurgical test work, including detailedsize
fraction analysis and sighter test work to determine the appropriate parameters for flow-sheet
determination. Results of the upcoming metallurgical tests are expected to assist in preparation of a
scoping study next quarter.
Results from the diamond drill
program are also expected to
assist in upgrading the current
Indicated and Inferred
Resources at Siviour, which is
currently Australia’s largest
graphite Mineral Resource.
Pending receipt of assays,
further resource expansion
drilling at Sivour is expected to
commence later this month

[SCHUMACHER]

Oh well hope you guys got in - as predicted massive GRAPHITE ANNOUNCEMENT !!! boom !!!

SHOULD BE 4C BY END OF DAY ONCE THE MARKET WAKES UP nice !!

83 MILLION TRADED TODAY AT AVERAGE OF 2.8c

as always traders controlling the play with capping and trying to get people into selling by flushing out the weak - they cant keep it down for too long - Aussies largest graphite play and highest grades - im calling 10c by end of year - they doing more drilling this month but these grades are outstanding

DIAMOND CORE DRILLING CONFIRMS HIGH-GRADE GRAPHITE
AT AUSTRALIA’S LARGEST JORC GRAPHITE RESOURCE
• Diamond drilling intersects shallow, high-grade graphite at Renascor’s Siviour Graphite Deposit,
with assays for total graphitic carbon (TGC) of up to 20.5% (SIV034) and intervals including:
o 27m @ 13.3% TGC (from11m to 38m) (SIV035),
o 8m @ 8.2% TGC (from 30m to 38m) and 15m @ 10.2% (from 40m to 55m) (SIV034),
o 34m @ 5.9% TGC (from 6m to 40m), including 16m @ 8.8% TGC (from 18m to 34m)
(SIV033), and
o 35m @ 6.7% TGC (from 31m to 66m), including 15m @ 10.1% TGC (from 50m to 65m)
(SIV032)

• Assay results confirm continuity of high-grade graphite, suggesting the Siviour mineralised body
has a shallow, near flat-lying orientation, with substantial true thickness
• Results also include substantial intervals of high-grade graphite within Inferred Resource (SIV034),
suggesting the potential to upgrade the resource in grade and volume
• Drilling targeting further shallow, high-grade graphite zones scheduled to commence later this Month

shareprice might pop this afternoon or tomorrow

[Rawiri]

Outstanding schumacher i owe it to you for my first ever double bagger quite amazing how it can go from up 100% in a day to sit around +50% must be a lot of profit taking going on hoping to pick more up before it really takes off!

[mcdongle]

Yep I am in ..:)

[SCHUMACHER]

Outstanding schumacher i owe it to you for my first ever double bagger quite amazing how it can go from up 100% in a day to sit around +50% must be a lot of profit taking going on hoping to pick more up before it really takes off!


Your welcome mcdongle- i think once the market realises what they are holding this will be a steal under 10c - more drilling to come but from what i can see we are on a Winner - some saying the next SYR i would be happy of it was 1/10 th of SYR

OUR GRADES ARE OUTSTANDING :D

IM BUYing more at these levels as market is about to be woken up to Australias largest and high grade graphite deposit - 2.6c is a gift ... i also expect a rally this afternoon to take it closer to 3c again- if not today perhaps tomorrow

If you consider we have had 90 million shares trade today (25% of the issued capital ) at VWAP (aVERAGE BUY PRICE ) OF 2.7c- wait until the wider investment community evaluates these results

Patience is KEY
GLTA
Schu

[SCHUMACHER]

(Taken from BCP Equities research report in April 2016, also on the companies website )

"We believe that RNU is trading at a significant discount to its peers despite having a bigger or better quality resource and is potentially the most commercially viable graphite deposit outside of East Africa. It is reasonable to expect RNU to be trading at least in line with the average in – situ valuation of its peers. It is for these reasons we are initiating coverage of RNU with a Speculative Buy recommendation and a price target of $0.06/share."

AND THIS WAS BEFORE TODAYS DRILLING RESULTS !! Over coming weeks we may see this up as high at 5c - with todays announcement i suspect there could be interest from the big end of town at some stage which means we sit tight and accumulate untill they arrive - as always time will tell

lets hope we dont get a takeover situation in 12 months time - im sure this management will take it into production

:D

[SCHUMACHER]

big run through 3c - looking good and options also nearly in the money RNUO at .007

I Think tomorrow could be BIG !!

[SCHUMACHER]

Forgot to mention RNUO options expire on 30 September so only 2 months at exercise price of 3c so if your buying at .007 today it will cost you 3c + .007 = 3.7c for each share if you convert , therefore its high risk and heads safer :)

[blockhead]

Traders all heading for the exits before tea

[SCHUMACHER]

blockhead
IMO traders are what have destroyed the ASX as an investment vehicle - algorithims BOT traders and the like have made the ASX a casino - No wonder why a lot of mum and dad investors took their money out and bought property -hopefully common sense will prevail - traders are in for a pip or 2 but we have Largest Graphite resource in Aussie with massive grades - tomorrow could be good once the market has time to digest - traders come and go and they will be back to push it back up -- thats all ive got to say on the matter LOL
150 MILLION TRADED TODAY - THIS EQUATES TO ALMOST 50% OF ISSUED SCRIPT at VWAP of 2.8c

this could very well be well over 4c in a week or two - their grades and deposit cannot be overlooked--- SYR in the making ( hows that for a ramp...lol)

Look at the EOD traders - they remind me of seagulls scavenging around for a breadcrumb - pathetic

:D

[blockhead]

Schumi, you have obviously done a good bit of research on RNU, finding the mineral is part of the equation, what difficulty do you see in going from discovery to sales..ie $$ in the bank !

[SCHUMACHER]

Schumi, you have obviously done a good bit of research on RNU, finding the mineral is part of the equation, what difficulty do you see in going from discovery to sales..ie $$ in the bank !

Blockhead- obviously there are a number of factors to crossover from explorer to producer
i.e JORC Compliant- to Jorc Inferred - measured and indicated- viability and economical grades (tick)

The only DIFFICULTY is time IMO
FIRSTLY WE HAVE TO COMPLETE THE DRILLING PROGRAMME and Metallurgical test work
INITIATION OF FEASIBILITY STUDY and so on - i reckon potentially 4 years till production and sales$$$$$
Could be sooner considering they have close to surface deposit and how swiftly they get to BFS (THIS IS KEY AS ONCE B.F.S is completed it could be all on) lets say in 4 years from today the share price is $1.00 then you have gained 4000% cant gt that in a bank or property :)

SYR got their resource / plant etc and will be producing 2nd quarter of 2017 and they currently at $5.80 share
Albeit they have roughly 7-8 times our deposit however we have potentially similiar grades around 8-10%

so in terms of timeline to where they were at 4 years ago their shareprice was around $2.50 share
if we divide that by 8 we get 30c share in comparison LOL - so im not saying we should be trading at 30c share today but at least 10c I would think :D


SO WHAT DO WE HAVE TO DATE ?

Renascor recently defined the largest reported graphite Mineral Resource in Australia at the Siviour
Graphite Deposit, with a JORC-compliant Mineral Resource estimate of 16.8Mt @ 7.4% total graphitic
carbon (TGC) for 1,243,200t of contained graphite, including high-grade mineralisation of 5.9Mt @
10.0% TGC for 590,000t of contained graphite. See RNU ASX release dated 17 March 2016 (the
information contained therein has not materially changed since first being reported).

SO from here on there will be a number of trigger or catalysts

Graphite has been named the new "black gold " for a number of reason

Explorer to producer ................

Resource delineation drilling and trenching allowing for a maiden Indicated and Inferred Resource is next on the list - they going back again this month to drill more - so in 12 months we expect scoping studies , and feasibility studies to be done if we firm up to Measured and Indicated resource from estimated

This project hosts the following resources: this is what we need to understand .....

Measured mineral resource of ??????
Indicated mineral resource of ???????
Inferred mineral resource of ????????

DIAMOND CORE DRILLING CONFIRMS HIGH-GRADE GRAPHITE
AT AUSTRALIA’S LARGEST JORC GRAPHITE RESOURCE

• Diamond drilling intersects shallow, high-grade graphite at Renascor’s Siviour Graphite Deposit,
with assays for total graphitic carbon (TGC) of up to 20.5% (SIV034) and intervals including:
o 27m @ 13.3% TGC (from11m to 38m) (SIV035),
o 8m @ 8.2% TGC (from 30m to 38m) and 15m @ 10.2% (from 40m to 55m) (SIV034),
o 34m @ 5.9% TGC (from 6m to 40m), including 16m @ 8.8% TGC (from 18m to 34m)
(SIV033), and
o 35m @ 6.7% TGC (from 31m to 66m), including 15m @ 10.1% TGC (from 50m to 65m)
(SIV032)

• Assay results confirm continuity of high-grade graphite, suggesting the Siviour mineralised body
has a shallow, near flat-lying orientation, with substantial true thickness
• Results also include substantial intervals of high-grade graphite within Inferred Resource (SIV034),
suggesting the potential to upgrade the resource in grade and volume
• Drilling targeting further shallow, high-grade graphite zones scheduled to commence later this month

For example , A cut-off grade of 4% C could be used for the “higher grade” zones and 2% for the “lower grade” zones. A relative density of so many tonnes per cubic metre will then be assigned to the mineralized zones for our resource estimation.


What we need to show the market and financiers through our drilling and exploration programme is to improving the geological confidence of the deposit and its contained mineral resources, included recorded drill holes strikes

Proven And Probable Mineral Reserves

As a result of the additional exploration, the following maiden proven and probable mineral reserves will need to be declared at Siviour Deposit

I.E
Category

Tonnage

C Grade (%)


Proven and Probable

Proven reserves are reported as the Measured Resources inside the designed open pit and above the grade cut off VALUE % Similarly, the Probable Reserves are reported as the Indicated Resources inside the designed open pit and above the grade cut-off of VALUE %

then comes .... FULL FEASIBILITY STUDY COMPLETED (i.e. Bankable Feasibility Study)

The COMPLETION of Bankable Feasibility study becomes a significant milestone WHICH WILL ATTRACT FINANCE

It indicates the project has attractive economics and that it has one of the lowest operating costs in the industry. So this is where the size and grades of our graphite deposit needs to be large enough to realize a very long mine life and the plant is scalable which equates to a nimble ramp up of production if required.
The plant will be able to produce a high quality graphite concentrate, which can supply the entire spectrum of end uses for natural graphite including the refractory, graphite foil and battery-anode (electric vehicle battery) markets.

The feasibility highlights will show things like

1 Post-tax: NPV (10% Discount Cash Flow)
2 Post-tax: IRR(
3 Payback >????? years
4 Capital cost (“CapEx”)
5 Design Development Allowance
6 Contingency
7 On-site Operating Costs (“OpEx”) per tonne of concentrate,
8 Transportation per tonne of concentrate
9 Transportation per tonne of concentrate (from Adelaide Port to / Local or European Customer Port
10 Average annual production of concentrate
11 Life of Mine (“LOM”)
12 Graphite concentrate sale price (US$/tonne at Start Up – 2018-2020)
13 Average Head Grade %
14 Average ore mined per annum
15 Average stripping ratio
16 Average plant recovery
Footnotes:
1. Assuming project is financed with 50% debt and 50% equity.



Internal Rate of Return (“IRR”) – Project Equity

-NPV @ Discounted Cash Flow
-Project Payback Period



Mine & Process data

Proven reserves e.g 10,000,000 tonnes @ 8% C grade
Probable reserves e.g 8,000,000 tonnes @ 8% C grade
Grade (graphitic carbon) e.g 8% average plant head feed over LOM
Waste to ore ratio e.g 1:1
Processing rate ---???? tonnes per annum
Mine life e.g 20 years
Recovery e.g 90%
Average annual product tonnes e.g 30,000
Construction Capital Costs – CapEx (in US$ millions):???

Capital Cost US$....??
Design Development Allowance US$????
Contingency US$?????
Total US$....???????

So for example we could be looking at timeframes like 16-17 months for build-time of plant e g............

The FS considers a mine that will produce an average of ????? tonnes per annum of ore, which is processed to produce an average of has estimated a build-time of 17 months from the point the project is fully funded. The FS assumes that the mine is funded on a 50% debt and 50% equity basis.


PROPOSED DEVELOPMENT
The proposed development of the Siviour graphite project includes the construction of an open pit mine, a processing plant with a capacity of ???????? tonnes of ore per annum and all supporting infrastructure including water, fuel, power, tailings, buildings and permanent accommodation.


DISCLAIMER : ALL THIS IS PURELY SPECULATIVE so DYOR and is not a recommendation to BUY , SELL OR HOLD RNU
The Mine and Process data ive provided is speculative and not to be taken as fact

However you may be mad not to with the future they have :D

Schumacher

[blockhead]

Appreciate your time Schumi, thanks

[SCHUMACHER]

bLOCKHEAD -
was thinking about those options this morning - currently 64 million RNUO with strike price of 3c so that would bring in $2 million if exercised by holders - this is an attractive scenario and incentive for company to drill and drill to convert this deposit to M & I - which is probably why they in hurry to get back to site this month - so with only 2 weeks to go till end July they will have drilled more of the deposit and core samples sent away so next time we get announcement could be 4 weeks depending on LabORATORY turnaround - they will ant thie head shares well over 3 c - i suspect somewhere around 5-6c within a month so the options are well and truely in the money - well thats what I would be thinking if i was captain of RNU ship -

Now considering we have an expiry date of 30 September which is 2 1/2 months away they will be working hard to get options in the money :)

food for thought

Schu

[SCHUMACHER]

I feel like a preacher delivering a sermon sometimes however - the market knows that graphite is the new "black gold" just look at companies like SYR in Mozambique...ANYWAY for those still not up to play go back and read this thread from the beginning -

ive provided enough information for you all .....so heres the story on Graphite (Graphene) which is currently being mined for the surging Lithium market amongst others....
Solar – 50x-100x more efficient
Semiconductors – 50x-100x faster
Aircraft – 70% lighter
We're talking batteries that charge 10x faster and store 10x more power...

( graphene is needed when making Lithium batteries) but in my view is far superior in many ways to lithium and why the world needs it- enjoy !

It could even put copper out of business and into retirement


Graphene is the future. Plain and simple.
It's 200 times stronger than steel, thinner than a sheet of paper, and more conductive than copper.
And that's not all...
Researchers the world over are using it for critical advances in a variety of industries. Graphene makes:
Solar – 50x-100x more efficient
Semiconductors – 50x-100x faster
Aircraft – 70% lighter
We're talking batteries that charge 10x faster and store 10x more power...
Phones and computer displays that bend and fold...
And even the potential to make people and things completely invisible.
Indeed, the Huffington Post notes graphene will “change the world.”
It's so vital to our future that it's been named a "supply critical mineral" and a "strategic mineral" by the United States and the European Union.
Yet only a few companies around the world have access to mineral resource that is required to make graphene. And 70% of supply is controlled by China.
So the setup is perfect for any non-Chinese supply to become an extremely lucrative investment, just like rare earths a few years ago.
A new report from the Outsider Club fully outlines the situation:
What graphene is used for...
Where the supply will come from...
And why now is the perfect time to invest in this world-changing discovery.


Final word - stay strong and avoid the trader noise and invest today for the long term and you wont be disappointed in 2 short years where this company will be trading at !!!

I personally believe with all my years of investing this company will generate massive returns for shareholders and we only at ground floor today !!

Whats my angle in sharing all this with you ? i would like you all to share our successes together - i hold RNU and will continue to add to my holdings as funds become available - thats my strategy in a nut shell - buy on the dips
and if you think yesterday was a nice run - we are only getting started , thats why its a good time ot invest - I recommend not to throw all your money at this but if I were your financial advisor I would suggest somewhere between 5-10% and as your confidence grows then ad to your holdings :) GLTA

At some point i will arrange a trip to meet the directors which is something i tend to do when i find a company i think will be a WINNER
Disclaimer: DYOR

[blockhead]

Got an order in for 300k @ 2.6, lets see how it goes

[SCHUMACHER]

BH
You may be lucky - looks like crossover is 2.7c /2.8C OPEN at the moment - hope you get them !

we could see an early run through 3c if yesterday was anything to go by - the market will be more aware of RNU today !

2.6c is new support line :)

[SCHUMACHER]

BH - hold on you may get your fill at 2.6c - buying slowing after run from 1.8c so we may get a fill at 2.6c Before we head back up now that 2.6c is new support level - ill be waiting for more :)

[SCHUMACHER]

major breakout people !!!!!!!

big volume coming in now :)

[blockhead]

For the sake of 10% of 01c I missed the boat, can't see them dropping back to 2.6 today, will keep my eyes peeled though.

[SCHUMACHER]

BH and others - its been a good week for RNU - Not only did we get outstanding DRILL RESULTS CONFIRMING the potential viability of this massive graphite project but they have also put out an revised announcement which now shows an Indicated and inferred resource which is definitely an upgrade from the reserve estimates they had only published - this i believe has woken up investors to the fact we now have JORC indicated/Inferred ...refer to chart/information below - this makes me an extremely happy investor in RNU - In that the market is starting to wake up to this high grade largest known Aussie Graphite deposit - what a find aye !! :D


The summary table below displays the Indicated and Inferred Mineral Resources for Siviour. A
nominal cut-off grade of 3% TGC has been established for Siviour based on the potential mining
methods and costs of open-cut mining operations that could be undertaken for mineralisation of this
type.
Category
Tonnes of
mineralisation
(millions)
TGC Contained graphite
(tonnes)
Indicated 6.8 8.1% 550,800
Inferred 10.0 6.9% 690,000
Total 16.8 7.4% 1,243,2000
Note: Cut-off grade of 3% total graphitic carbon
Table 1. Siviour Mineral Resource estimate as of 16 March 2016

this is what i as initially wanting to see when i mentioned it to you BH in my previous posts

once we get to measured from indicated - watch a rocket get up under the shareprice IMO
In the meantime i think it could run up as high as 6c/share which is based on recent Aspect Financial BUY recommendation


All in all this is looking very good and BH i hope you got in around 2.8/2.9c as i think its still a good accumulation region considering we have had 200 million shares trade on 2 days which is over 60% of the total issued capital of approx. 350 million (excluding 60 m options)

Now i dont know your circumstances whether your a trader or investor but worrying about missing out by one pip dosent matter if your a longer term investor and can hold on to this until they get to production in say 4 years - if your trading this stock them thats not the game im playing as it means people will have little or no interest in my posts as they drool and salivate over a chart instead lol

This is a brownfield explorer come producer and the real %% gains will be made between 12-48 months when the share price based on my own EV (enterprise value) methodology should be somewhere between $1.20 to $1.80 ( in my price calculations I've allowed for a doubling of current resource of 1.3 million tonne and depending on certain factors including BFS economics and a fat JORC measured resource - feel free to laugh but im serious - even if we increased current resource from here to + 50%

Thursday - Day 1 we had a high of 3.2c and a close of 2.6c (previous day 1.8c ) 150 million volume
Friday- Day 2 Open at 2.8 to an intraday high of 3.4c and a Friday close at 2.8c so a higher high and closing on higher lows both days for 50 million volume

when i get more time im going to do some comparisions between RNU and SYR as our grades are not to far off theres and we have a flat low hanging Graphite deposit


Schu

[mcdongle]

I intend to top up next week with a long term view

[SCHUMACHER]

I intend to top up next week with a long term view

Good idea McD.. will probably do the same on Monday - my reason ? read below...they also mention metallurgical test work and detailed Size-fraction analysis is currently underway following our recent SUCCESSFUL drilling , So they are not wasting any time

Next steps
Renascor’s next-stage work program will include follow-up drilling targeting shallow, high-grade
graphite mineralisation. Renascor is currently evaluating recently completed detailed ground
electromagnetic surveys at Siviour for the purpose of finalising next-stage drilling targets. Drilling is
expected to commence later this month.

In addition, Renascor has commenced metallurgical test work on core samples obtained from the
recent drill program. Renascor plans to perform initial sighter test work on the Siviour core, including
detailed size-fraction analysis, to be followed by comprehensive mineral process testing to determine
appropriate parameters for flow-sheet design.

[baller18]

how does this compare to the likes of MNS, BKT and VRC schumacher? Wasn't TON suppose to have the largest graphite resource in the world... they have been suspended for knows how long now...

[SCHUMACHER]

Hi Bailer18- Dont have much time this morning to do full comparisons however heres some basics for now

Prefer not to comment on TON as i have no interest in their antics -
MNS, BKT, VCR and SYR are all based in Mozambique so will take a closer look later - Some in exploration phase and some in pre-development phase so if we draw comparisons to the Graphite deposit first it will give us a rough indication on which company is economically viable which is KEY

1) SYR is a giant as we know and our asset is approx 1/8th (RNU $0.028c @16.8 MT Verses SYR $5.60 share @ 100 +MT) in size however we will probably double or triple our graphite deposit once we convert further drilling into JORC indicated

2) VRC grades are only 5.1% TCG whereas ours are 7.4% TCG


However if you compare grades and size of deposit you could look at AXE who also in Eyre Peninsula not far from our Graphite deposit - remembering our deposit is Australais largest :)

AXE have the following resource and grades:

Archers Key Graphite Assets
Location Near Cleve-Darke Peak-Kimba, Eyre Peninsula, South Australia
Total Area 2,154km2
3 x Deposits
Campoona Shaft, Central Campoona and Wilclo South JORC 2012
Resource of 8.55Mt @ 9.0% Cg (770,800t of contained graphite)
Combined JORC 2012 Resources for Campoona Shaft, Central Campoona and Wilclo South of
8.55Mt @ 9.0% Cg to give 770,800t of contained graphite
− Campoona Shaft Total: 1.65Mt @ 9.2% Cg (151,400t contained graphite)
− Central Campoona Total: 0.52Mt @ 11.1% Cg (58,000t contained graphite)
− Wilclo South Total: 6.38Mt @ 8.8% Cg (561,400t contained graphite)

In summary:

AXE = Total 8.5 MT @ 8.0% 828,800
RNU = Total 16.8 MT @ 7.4% 1,243,200
Note: Cut-off grade of 3% total graphitic carbon

[baller18]

Thank you for your explanation and will be looking forward to the comparisons to BKT, VRC and MNS. Thanks heaps!

[SCHUMACHER]

Thank you for your explanation and will be looking forward to the comparisons to BKT, VRC and MNS. Thanks heaps!



OK COMPARISONS FOR : RNU, AXE and BKT VRC (BKT have similar shares on issue as we do at RNU )

RNU- on track for scoping study by September 2016 :)
Current share price 2.8c

Location : Eyre Peninsula, South Australia - 0% political risk due to Location in Australia - mining licences and drilling approvals are a certainty - KEY positive IMO

Size of Deposit: 17 MT Resource Mt Grade (TGC 8% approx.) Contained Graphite
Flake size: The ore-body is shallow and flat lying.Over 80% of samples tested are large, jumbo or super‐jumbo flake size
Indicated 590,000
Inferred 650,000
Total 1,243,000 MT
Stage: Exploration drilling
Our attraction: Australia/ largest high grade Graphite resource in Aussie :D
Dont forget : RNU also holds the Munglinup graphite project in WA as well as copper, gold,
base metals and uranium prospects in SA.*

Note: based on potential known size of deposit there is likely hood of increasing reserve by multiples meaning possible upgrade in resource we could get to 10 million Mt putting us on level pegging with BKT


AXE
Current Shareprice 7.4c

Location : Near Cleve-Darke Peak-Kimba, Eyre Peninsula, South Australia (our neighbours ) - 0% political risk
Size of Deposit: 8.55 MT Resource Mt Grade (TGC 8%) Contained Graphite
Indicated
Inferred
Total 770,800
Stage: Exploration drilling

− Campoona Shaft Total: 1.65Mt @ 9.2% Cg (151,400t contained graphite)
− Central Campoona Total: 0.52Mt @ 11.1% Cg (58,000t contained graphite)
− Wilclo South Total: 6.38Mt @ 8.8% Cg (561,400t contained graphite)


BKT
Current share price 16.5c

Location : MOZAMBIQUE - project could have potential political risk due to external factors - however seems a lot of political risk has been removed - subject to change
Size of Deposit: Resource Mt Grade (TGC 8%) Contained Graphite
Indicated 4,042,500
Inferred 6,366,600
Total 10,409,100
Stage: Exploration drilling

VRC
Current Shareprice 12c

Location : MOZAMBIQUE - project could have potential political risk due to external factors - however seems a lot of political risk has been removed - subject to change

Size of Deposit: 214 MT Resource Mt Grade (TGC 5% - MUCH lower grades to peers IMO) Contained Graphite
Stage: Exploration drilling / PFS
Total 10,409,100+

SO MY CYBER FRIENDS, BASED ON THESE COMPARISONS - I suggest RNU being Australian jurisdiction and largest known deposit with high grades should be at Aspect financials target of 6c -


http://www.renascor.com.au/reports

go to latest research report

■ RNU announced a maiden Resource estimate of 16.8Mt, of
which 6.8Mt, grading 8.1% Total Graphitic Carbon (TGC)
is Indicated and 10.0Mt grading 6.9% TGC is Inferred.
■ Within this, there is a higher grade portion of 5.9Mt
grading 10.0% TGC.
■ The ore-body is shallow and flat lying. Over 80% of
samples tested show flake size to be large or bigger.
■ RNU is on track for a scoping study by September. 2016.

Over 80% of samples tested are large, jumbo or super‐jumbo flake size
Petrological examination of high grade samples from RC drilling show over
80% to be high value large, jumbo or super‐jumbo flake size.***
Shallow, flat‐lying deposit
The Arno deposit mineralisation begins from 10m below surface, and the
ore‐body has an average thickness of 20m, so mining costs should be low.***
Enterprise Value $2.1/t of Resource, in South Australia; RNU looks cheap
Beer & Co’s analysis shows that RNU has a low value compared its peers,
which range up to $29.5/t of contained graphite.***

Over 80% of samples tested are large, jumbo or super‐jumbo flake size
Petrological examination of high grade samples from RC drilling show over
80% to be high value large, jumbo or super‐jumbo flake size.***
Shallow, flat‐lying deposit

The Arno deposit mineralisation begins from 10m below surface, and the
ore‐body has an average thickness of 20m, so mining costs should be low.***
Enterprise Value $2.1/t of Resource, in South Australia; RNU looks cheap
Beer & Co’s analysis shows that RNU has a low value compared its peers,
which range up to $29.5/t of contained graphite.***
Beer & Co rates RNU as a Speculative BUY.***
RNU has a number of hurdles to clear.**It expects to complete a scoping study
by the end of September, including product to test for off‐take agreements.*

THIS IS WHAT THE EXPERTS ARE SAYING ABOUT THIS GRAPHITE DEPOSIT (Taken from Beer and Co. Equities research report in April 2016, also on the companies website )

We believe that RNU is trading at a significant discount to its peers despite having a bigger or better quality resource and is potentially the most commercially viable graphite deposit outside of East Africa.

It is reasonable to expect RNU to be trading at least in line with the average in – situ valuation of its peers. It is for these reasons we are initiating coverage of RNU with a Speculative Buy recommendation and a price target of $0.06/share.


Also .....VALUATION FOR RNU :D :D

RNU Future resource upgrades are now suggesting an additional target of 15 Mt. exploration target so double our current resource of 16.8 Mt so potential for high grade predominantly JUMBO up to 32 Mt in our own backyard
Given the defined attributes of the Arno Graphite deposit, we believe that RNU may be
worth at least the current average in-situ value of its resource. This implies a fair value for
RNU of $0.06/share to $0.07/share, with the potential for further upside if the company
expands the resource by drilling the EM anomaly between the Siviour and Paxton deposits
as planned.
We believe that RNU is also undervalued when compared to the other graphite companies operating in the Eyre
Peninsula of South Australia. There are three other companies with smaller resources, significantly shorter strike
lengths and vertical to sub-vertical orientated deposits implying smaller open cut mining opportunities at higher
strip ratios. These companies currently have measured and indicated resources with an implied value of $45/t - $60/t, materially higher than the $6.60/t attributed by the market to RNU’s measured and indicated resources.

They stated .... "The ore-body is shallow and flat lying. Over 80% of
samples tested show flake size to be large or bigger."

Think more will come and take a look at this



***************THINGS TO LOOK FORWARD TO AS SHORT TERM PRICE CATALYSTS*******************

1) More drilling to commence this month ( immediate)
2) Scoping study underway and on track for targeting completion September 2016 (7 Weeks time)
3) More Metallurgical testing


Note: the above comments and information are based on assumptions and , facts combined and may contain inaccuracies due to new information that has become available

GLTA and happy Monday for RNU :D

Over and Out

Schu

[Aotea]

Hi Schu,
Thanks for your energy and effort.
Am interested your view of TLG in comparison to RNU. Have held TLG for a number of years and are down around 20% now.
cheers

[SCHUMACHER]

Hi Schu,
Thanks for your energy and effort.
Am interested your view of TLG in comparison to RNU. Have held TLG for a number of years and are down around 20% now.
cheers

Hi Aotea- if we comparing TLG to RNU its probably a bit unfair on RNU as TLG are more advanced in their road to production life cycle - I think that we really want to look at our peers who are at similar stages to us otherwise its not comparing apples with apples :)

The previous comparisons i was doing with SYR also dont amount to a lot either as they are currently around $5.60 share and well advanced with production starting Q2 2017 - I was basically trying to see where their share price was 4 years ago

Anway heres a bit of info on TLG then we probably should focus on the companies at similar stage to us to get an idea of how undervalued we are - in saying that i think a run for RNU over next few weeks to around 5-6c ( in line with the BUY recommendations currently in the market ) is about where we should be sitting today - we have more drilling this month to look forward to and Metallurgy tests as we head towards a scoping study due for completion in September ( 6 weeks away) which should then move us higher IMO

Looks like TLG's recent capital raising at 28c share to investors and issue of shares has dragged the share price back down from the 40c range to 29-30c region- this is normal IMO always happens with CR as some people (traders) sell out as high as they can after getting their parcels at 28c to lock in profit - TLG price range of 30-40c looks about right in terms of what they have achieved to date but could also be higher and think the recent CR has affected shareprice. The price we all pay for dilution however inconsequential in the long run
Should stabilise around here and remember its run from 5c share to 40c + in past 12 months so good returns for getting in early which is one of the reasons why i like RNU

As you can see they have higher grades and at first glance they have slightly more than twice (2 x) our resource tonnage with better grades ( good for us that our deposit is shallow and flat :D) so understandably they are at the price levels and more advanced than us - if we are talking about short term price % opportunity to make quick money then i think RNU could return a higher % in the next month than TLG if people are trading both for a profit - i.e RNU 2.8c to 6c is approx. 110% verses TLG at 29c to 40c (28% gain) but who knows aye

TLG 43.2 MT
RNU 16.8 MT (More drilling coming) RNU mentioned they have a further exploration target of 15 MT so that would place our tonnage closer to TLG but they also have exploration targets well over ours - also their grades are exceptional - one of RNU's advantages is that we have a flat, shallow and massively thick rich deposit , great infrastructure and close to Shipping ports and i think it matters to point out that our ore-body at Siviour is at 1 location as opposed to 3- 5 seperate graphite deposits.


TLG
Price 29c
Location : Sweden 3 KEY JORC resources

High Grade Graphite Pipeline
JORC Resource Total 7.6Mt @ 24.4% Cg
JORC Resource Total 4.3Mt @ 7.1% Cg
JORC Resource Total 31.5Mt @ 14.9% Cg
Drilled flake sizes <75µm to >400µm
Drilled flake sizes 80% >300µm

‣ 100% ownership of five graphite projects in Sweden containing multiple deposits
‣ Full range of graphite flake sizes from graphene, micrographite to jumbo and larger
‣ Three JORC resources


RNU- (on track for scoping study by September 2016 ) Austalia's largest high grade Graphite deposit -

Current share price 2.8c
Location : Eyre Peninsula, South Australia - 0% political risk due to Location in Australia -
Size of Deposit: 17 MT Resource Mt Grade (TGC 8% approx.) Contained Graphite
Flake size: The ore-body is shallow and flat lying.Over 80% of samples tested are large, jumbo or super‐jumbo flake size
Indicated 590,000
Inferred 650,000
Total 1,243,000 MT
Stage: Exploration drilling
Our attraction: Australia/ largest high grade Graphite resource in Aussie
Dont forget : RNU also holds the Munglinup graphite project in WA as well as copper, gold,
base metals and uranium prospects in SA.*

Note: based on potential known size of deposit there is likely hood of increasing reserve by multiples meaning possible upgrade in resource we could get to 10 million Mt of ore thus putting us on level pegging with BKT


Cheers Schu

[yabster]

MNS,VRC and BKT are in Tanzania not Mozambique (SYR and TON are there) - also very high purity (battery grade) without having to use chemicals (increases costs) - unsure where RNU is at re met results.

[SCHUMACHER]

RNU - SCOPING STUDY METRICS

Now that we are heading towards completion of scoping study we should look at the SS metrics which should be released to the market in September, then we will get to see the potential robustness of our project

key metrics of scoping study will include :

Items Base Case
Plant throughput (tpa)
Diluted Feed Grade (%) 23.6*
Graphite production (tpa) ~
Graphene production (tpa) ~
Life of Mine Strip Ratio W:O
Graphite price assumption (USD$/t)
Graphene price assumption (USD$/t)
Capital cost (AUD$m)
Mine Life (years)
Discount Rate (%)
Pre Tax Net Present Value (NPV)** (AUD$m) ~
Payback from construction start (years)


Exciting times ahead
Cheers Schu

[SCHUMACHER]

MNS,VRC and BKT are in Tanzania not Mozambique (SYR and TON are there) - also very high purity (battery grade) without having to use chemicals (increases costs) - unsure where RNU is at re met results.


yes thanks yabster for correction - i was looking at them all together and had far too many tabs open on my computer at the time :D

Also FYI Petrology
Over 80% of samples tested are large, jumbo or super‐jumbo flake size
Petrological examination of high grade samples from RC drilling show over
80% to be high value large, jumbo or super‐jumbo flake size.***
Shallow, flat‐lying deposit
The Arno deposit mineralisation begins from 10m below surface, and the
ore‐body has an average thickness of 20m, so mining costs should be low.***
Enterprise Value $2.1/t of Resource, in South Australia; RNU looks cheap
Beer & Co’s analysis shows that RNU has a low value compared its peers,
which range up to $29.5/t of contained graphite.***
The potential of the Arno graphite project as a large tonnage, high quality graphite deposit was evident in the eight holes
previously drilled in the targeted graphite zones. All holes drilled by EPM had high-grade, coarse-flake graphite intersections
and showed a strong correlation with well-defined conductivity zones over 5km strike-length.

****Initial MET AND PETROLOGICAL TESTING
In addition to the drilling, EPM conducted some preliminary flotation tests
in 2014 on a sample from one hole drilled on the eastern margins of the
Paxtons prospect, which is part of the current exploration target. ALS
Metallurgy performed bench flotation and gravity tests over a 2.5kg core
sample, obtaining graphite recovery of 87% and producing 93% purity of
concentrates with flake size up to 600µm.
As an initial step to confirm that the graphite mineralised zones at Siviour
have the potential to produce economic quantities of coarse flake graphite
in concentrate RNU commissioned the petrographic analysis of nine
samples from four of the recently completed RC drill holes at Siviour. These
were examined by Pontifex and Associates. Photomicrographs from these
samples confirmed the presence of flake graphite with lengths up to
1,600µm and over 60% of flakes with lengths greater than 500µm. RNU
recognises that the proportion of coarse flake graphite will be diminished in
mineral processing but it is very encouraging that the deposit has such a
high portion of coarse flake graphite to work with, as the value of in-situ
coarse-flake graphite compares favourably with more advanced graphite
projects that have demonstrated significant coarse flake graphite in
concentrate

NEXT STEPS
RNU to commission a scoping study ( COMPLETION DUE SEPTEMBER) on the viability of establishing commercial production of the Siviour Mineral Resources. This will include comprehensive mineral processing test work, commencing with sighter test work to determine the appropriate parameters for flow-sheet determination. RNU also expects to undertake further exploration drilling to expand the Mineral Resources into the Exploration Target area and the areas immediately north of the Inferred Resource and adjacent to the Paxtons prospect.

[baller18]

Please check ur private inbox. 93 percent purity is not high though. 99% purity is battery grade, purity is a major key factor.

[SCHUMACHER]

Thanks Bailer
of course purity is a major factor but you may be getting ahead of yourself as this was taken back in 2014 from only 1 drill hole and lots of other factors to consider - to obtain 93% purity from 1 hole is excellent start - Yes battery market and Graphite purity is particularly important for the higher value end uses like lithium-ion batteries and for the overall cost of production as is the lay of the deposits - Although resource tonnes and graphitic carbon content (grade) are key metrics in assessing projects, the evaluation of graphite projects is more complex. Out of the numerous considerations, key attributes (in addition to size of deposit and grade) are product flake size distribution and purity.
Statement from RNU
"Metallurgy performed bench flotation and gravity tests over a 2.5kg core
sample, obtaining graphite recovery of 87% and producing 93% purity of
concentrates with flake size up to 600µm. "

****NOTICE THAT THEY STATED 93% PURITY OF CONCENTRATES WITH FLAKE SIZES UP TO 600 - this could all change as could our purity - seen it with other advanced explorers who are further ahead than us


MANY USES FOR GRAPHENE- As you know Graphene is used across multiple industries not just battery so we can still supply other markets such as:

Other market demand for Graphene --
1) 3D Printing Materials $3B
2) Flexible Electronics / Screens $16B
3) Energy Storage $62B
4) Conductive Inks / RFID Tags $3B
5) Lightweight Composites $20B
6) Plastics and Building Materials $567B
7) Paints / Coatings / Galvanics $53B
8) Solar – 50x-100x more efficient
9) Semiconductors – 50x-100x faster
10) Aircraft – 70% lighter

ECONOMICS -
RNU economics will show our ore is flat and thick while others are steep in geographical characteristics - our grades are more likely to increase as we delineate more drill hole core drilling and testing and metallurgical work IMO



Microns Mesh Size Purity Market Terminology
>300 +48 90 to 97% Extra large or ‘Jumbo’ Flake
180 to 300 -48 to +80 90 to 97% Large Flake
150 to 180 -80 to +100 90 to 97% Medium Flake
75 to 150 -100 to +200 90 to 97% Small Flake
<75 -200 80 to 85% Fine Flake / Amorphous


FYI taken from TLG - presentation
During the comminution stage, both colloidal graphene and particulate graphite will be separated in a single step to form individual recovery streams. The graphene stream will be further filtered, sized and dispersed into
specific solutions for bulk transport to meet customer requirements (>99.9%C purity). Inprocess functionalisation of the graphene is an option to be reviewed in future.
The graphite recovery stream will be subjected to a combination of wet magnetic, gravity and other industry standard processes to produce an ultrafine (-75 micron) graphite concentrate of at least 80-85%C purity to be sealed into bags and containers for transport. The total graphitic carbon recovery used in the Study is 79.3%.
IMO has documented a range of graphene

[SCHUMACHER]

FYI - JUST LOOKING AT PRICE MOVES PRE- SCOPING STUDY TO RELEASE OF SCOPING STUDY

Interesting that TLG in December- January 2014 Went from 6c to 44c on 9th October 2014 which was the date the scoping study was released to market so a gain of 620% - THEREFORE our scoping study is due in September 2016 (6-8 weeks from now) so what will our share price do - who really knows but i suspect its worth 6c as per independant reports suggest as a speculative BUY


GLTA
Schu

[baller18]

Another Ann out!

[SCHUMACHER]

RNU - Will probably retest 2.8c new support level and was also 12 months previous high :)

based on recent move i expect 2.8c to hold - it may get taken out but should hold as it is support as always time will tell -

all good and patience required folks :)

[blockhead]

Still got my order in for 300k @ 2.6, might up it to 2.7 and cross my fingers

[SCHUMACHER]

Still got my order in for 300k @ 2.6, might up it to 2.7 and cross my fingers

You never know your luck in the big city BH

albeit - 2.8c is significant level and support so if it gets taken down you may get your fill you patient bugga- :D we have a bit of time to accumulate more around these levels before next drill campaign

[blockhead]

You never know your luck in the big city BH

albeit - 2.8c is significant level and support so if it gets taken down you may get your fill you patient bugga- :D we have a bit of time to accumulate more around these levels before next drill campaign



Drifting in my direction Schumi, might just ease the quantity up a bit, 300k might be a little light

[blockhead]

1.2c for an option shows a lot of confidence (risk ?)

[clearasmud]

1.2c for an option shows a lot of confidence (risk ?)

Did you manage to get any blocky.
Might have to stump up 4c to get the rest of my fill but i'll wait till the share action calms down.

Thanks Schumacher for giving me the heads-up on this stock.!!!

[SCHUMACHER]

Clearasmud - your welcome - ive managed to pick this one perfectly and now 120% return on this one in less than a month so very happy - couple of catalysts saw this being re-rated by market which is what i was waiting for - we may see a capital raising soon which makes sense as they WILL be spending more money on drilling programmes and scoping studies - so higher share price and i would expect a CR around 3.5c-4c range maybe on the cards
which should underpn shareprice - they may even do a private placement to sophisticated investors once the next drilling phaze is done and dusted and as they reported mid to end august we should get next batch results - excellent stuff
All the best GLTA

[blockhead]

Upped my price to 3.5c this morning but too late, the bus went without me.

Good work to the rest of you !

[clearasmud]

There will still be more opportunities to buy RNU in the future B.H.

I bought 2 parcels at 1.8-1.9c then went in harder earlier this week after reading Schumacher's super bullish rantings but I was also waiting for 2.6c.

What amazed me about SYR was that it went from about 11c to $2.60 in about 7 months in 2012.

[SCHUMACHER]

rantings LOL - wouldnt call them that :) id say fact !

haha classic call mate

HAVE A LOOK AT NSL - tHAT WILL BE NEXT :D

well done anyway !

GLTA

[clearasmud]

Yes I was impressed with you and your conviction and analysis.

[blockhead]

Nabbed 200k options just before close @ 1.5c so I at least have an interest !

[SCHUMACHER]

BH - PLEASE dont take this the wrong way
can i ask you why you would buy options with 2 months to expiry - to be fair mate IMO thats gambling, and there is absolutely no guarantee tht they will go up unless we have a run on the head shares again to put them beyond 4.5c to motivate you to convert into head shares
However If you fully intend to front up the cash to convert to head shares then ok fine ? - if your not and hoping to sell before expiry then that my friend is definately gambling - and those who say no risk no reward , that is why so many people lose money in the sharemarket today and people who have gone before us and if they take that approach, probability % is that you are sure to lose money in the future so best to seek advice first IMO

just trying to add value to you and protect your money -

anyway im hoping you know what your strategy is because if there is no strategy behind this then good luck with that-

[blockhead]

BH - PLEASE dont take this the wrong way
can i ask you why you would buy options with 2 months to expiry - to be fair mate IMO thats gambling, and there is absolutely no guarantee tht they will go up unless we have a run on the head shares again to put them beyond 4.5c to motivate you to convert into head shares
However If you fully intend to front up the cash to convert to head shares then ok fine ? - if your not and hoping to sell before expiry then that my friend is definately gambling - and those who say no risk no reward , that is why so many people lose money in the sharemarket today and people who have gone before us and if they take that approach, probability % is that you are sure to lose money in the future so best to seek advice first IMO

just trying to add value to you and protect your money -

anyway im hoping you know what your strategy is because if there is no strategy behind this then good luck with that-

Prepared to convert Schumi and hoping it will be encouraging to do so by Sept end.

There is an element of gambling in there as well, thats my Irish heritage showing.

My old Grandfather used to say after he had lost another 10 bob or a quid at The NZ Cup, "gotta speccalate to accumalate Son"

He died relatively poor !!

[blockhead]

Whats going on, price spikes and now trading seems to have halted ?

Ann ?

[SCHUMACHER]

Whats going on, price spikes and now trading seems to have halted ?

Ann ?


Quarterly cashflow and activity reports just been released- just a recap of what we already know :)

FOR THE PERIOD ENDING 30 JUNE 2016

Significant Events
• Diamond drilling at Arno Graphite Project intersected shallow, high-grade graphite at the Siviour
Deposit, with assays for total graphitic carbon (TGC) of up to 20.5% (SIV034) and intervals including:
o 27m @ 13.3% TGC (from 11m to 38m) (SIV035),
o 8m @ 8.2% TGC (from 30m to 38m) and 15m @ 10.2% (from 40m to 55m) (SIV034),
o 34m @ 5.9% TGC (from 6m to 40m), including 16m @ 8.8% TGC (from 18m to 34m) (SIV033), and
o 35m @ 6.7% TGC (from 31m to 66m), including 15m @ 10.1% TGC (from 50m to 65m) (SIV032)
• Ground electromagnetic (EM) surveys identified multiple high conductivity anomalies at Siviour in
areas along-strike, suggesting high potential to locate higher-grade or thicker zones of graphite
• Renascor commenced a $1.3 million capital raising, completing the raising on 11 July 2016
• As of 30 June 2016, Renascor had approximately $815,000 cash on hand (which does not include
$589,000, which Renascor received on 11 July 2015 as part of the capital raising)

[blockhead]

Options not keeping up with the heads, good %age gain coming when they do

[SCHUMACHER]

BH- you still holding ?

its consolidating at current prices until we know more - will be interesting to see if it runs early or gets sold down - as always time will tell

[blockhead]

Yerrp I'm contentedly holding at the moment, my theory is "if I was happy to buy a head I should also be happy to hold an option" and as there is more leverage in the options that is the way I have gone, sold some profits from SPK to pay for them so really just juggling the furniture.

[mcdongle]

Waiting for next drill results :)

[blockhead]

Waiting for next drill results :)


Think some have had a peek at them

[SCHUMACHER]

Think some have had a peek at them

Indeed BH- nice close fellas - looking good!
hold tight - im up 170 % on this one already :D

[blockhead]

Happy @ 33% on the options

[SCHUMACHER]

BH - selloff as expect RNU has been running hot so a cool off was expected- one to sit and hold - traders will come and go and either stuff up shareprice or allow it to run - looks like there was alot of profit taking today -

[blockhead]

Still feeling comfortable, didn't top up though, I ended up with 300k options and that's enough risk/reward potential for me

[blockhead]

Wow that was a sell off yesterday, not so chirpy about my options today, still have not lost confidence though, one way or another I think there is sunshine here !

[SCHUMACHER]

Wow that was a sell off yesterday, not so chirpy about my options today, still have not lost confidence though, one way or another I think there is sunshine here !

Yes saw it coming so i sold 70% of mine in the early 5's and bought into BKT -

always goes up on anticipation of drilling results now out its classic sell the fact- great start for RNU however holding the head shares unless your converting is the way to go - spreading my risk now after over 200% profit on RNU - just be careful of oppies due to expiry dates :)


BKT also has the goods / 131 MT graphite and 99.1% TGC Purity - check out my BKT Thread-

Schu

[blockhead]

To exercise my options or let them go ???

As head shares they would then owe me 4.5c, thinking at the moment is I will convert them, 3 more weeks pondering ????

[SCHUMACHER]

Resource upgrade not too far away now - should be good to see shareprice back up where it belongs
Now the good thing abut RNU is flake size category being that 80% is large jUMBO SUPER JUMBO CATEGORY

DRILL RESULTS were excellent and low to surface and thick - economies of scale look excellent

http://www.aspectfinancial.com.au/docserver/01769494.pdf?fileid=01769494&datedir=20160822&edt=MjAxNi0xMC0wNysxNDozMDoxMSsxMjArNjEyMDg3ODIrZX RyYWRleG1sK3JlZGlyZWN0Ky9pbWFnZXNpZ25hbC9lcnJvcnBh Z2VzL0V0cmFkZVBERlRpbWVvdXQuaHRtbCsvaW1hZ2VzaWduYW wvZXJyb3JwYWdlcy9wZGZkZWxheWVkLmpzcA==&popup=true

good time to accumulate more before she heads back up - expected resource update next week or week after

LAST RUN TO 6 C and back to 3.3c so heavy retracement before next run and may even surpass 6c next run - alot to look forward to considering its high grade thick and close to surface TGC 8% is excellent -

Broker price target 6c :)


http://www.renascor.com.au/reports

go to latest research report

■ RNU announced a maiden Resource estimate of 16.8Mt, of
which 6.8Mt, grading 8.1% Total Graphitic Carbon (TGC)
is Indicated and 10.0Mt grading 6.9% TGC is Inferred.
■ Within this, there is a higher grade portion of 5.9Mt
grading 10.0% TGC.
■ The ore-body is shallow and flat lying. Over 80% of
samples tested show flake size to be large or bigger.
■ RNU is on track for a scoping study by September. 2016.

Over 80% of samples tested are large, jumbo or super‐jumbo flake size
Petrological examination of high grade samples from RC drilling show over
80% to be high value large, jumbo or super‐jumbo flake size.***
Shallow, flat‐lying deposit
The Arno deposit mineralisation begins from 10m below surface, and the
ore‐body has an average thickness of 20m, so mining costs should be low.***
Enterprise Value $2.1/t of Resource, in South Australia; RNU looks cheap
Beer & Co’s analysis shows that RNU has a low value compared its peers,
which range up to $29.5/t of contained graphite.***

THIS IS WHAT THE EXPERTS ARE SAYING ABOUT THIS GRAPHITE DEPOSIT (Taken from BCP Equities research report in April 2016, also on the companies website )

We believe that RNU is trading at a significant discount to its peers despite having a bigger or better quality resource and is potentially the most commercially viable graphite deposit outside of East Africa. It is reasonable to expect RNU to be trading at least in line with the average in – situ valuation of its peers. It is for these reasons we are initiating coverage of RNU with a Speculative Buy recommendation and a price target of $0.06/share.

GLTA

[BullishBear]

I'm in. How can you go wrong. Thanks for all the information SCHU!.

[silu]

Oops hopefully not before the -22.2% dive this morning.

[BullishBear]

Hiccups are bound to happen...

[Joshuatree]

94% doesn't cut it the way the s/p responded

[BullishBear]

Just hold on when the market is being dysfunctional time to load up more...

[BullishBear]

Hey SCHUMACHER, Can I bother you for your view on How these guys plan to get the stuff out of the ground and to market, I cannot find anything in research on this part of the equation ?

[BullishBear]

Looks like this will be a long-term investment... 1.9c as at today. Might average out my initial investment at this level.

[BullishBear]

https://searcysentinel.com/renascor-resources-ltd-rnu-ax-technical-focus-update/84871/

"Renascor Resources Ltd (RNU.AX) currently has a 14-day Commodity Channel Index (CCI) of -58.33. Despite the name, CCI can be used on other investment tools such as stocks. The CCI was designed to typically stay within the reading of -100 to +100. Traders may use the indicator to determine stock trends or to identify overbought/oversold conditions. A CCI reading above +100 would imply that the stock is overbought and possibly ready for a correction. On the other hand, a reading of -100 would imply that the stock is oversold and possibly set for a rally."

would be nice to see this indicator at work...

[blockhead]

Time for another look at this one, stirrings at the moment

[mcdongle]

1st Offtake MOU Today..

[Aotea]

Non-binding but a good outcome for now. This company has a lot of upside yet. Huge resource, quality grades and shallow.
It' s one for the bottom drawer, but one to get.

[Pixelator]

RNU in trading halt till 1-05-18. Capital raise pending.

https://www.asx.com.au/asxpdf/20180427/pdf/43tjbw1n9f0nnw.pdf

[blockhead]

Presume you are guessing about the capital raise, I see no reference to it ?

[blockhead]

Hadn't read far enough down, see it now

[blockhead]

Time to be looking at RNU again Blocky reckons, things are lining up and at @ 02.1c or thereabouts there seems to be plenty of upside. Hope so anyway because I have a truckload.

[Aotea]

Time to be looking at RNU again Blocky reckons, things are lining up and at @ 02.1c or thereabouts there seems to be plenty of upside. Hope so anyway because I have a truckload.

Am in it with you Blocky...plenty of upside here.

[Baddarcy]

Nice to see the updated resource estimates yesterday. Just need to sort out the finance and some off take agreements would be nice to have..imho

[Ninefingers]

Nice to see the updated resource estimates yesterday. Just need to sort out the finance and some off take agreements would be nice to have..imho

Yes I agree. The figures on the spherical graphite returns are eyewatering too, selling to the tide of EV battery manufacturers hungry for low sovereign risk graphite.

Not the greatest flake size (mostly medium, the bigger the flake the more "balls" you can roll it into) but it is sitting at the surface. DFS not due for another couple of months.

disc: accumulated 2c-2.2c

[Baddarcy]

The market is there, just need to get some graphite out of the ground.

https://www.bloomberg.com/news/features/2019-06-03/lithium-miners-australia-chile-see-riches-as-ev-battery-makers

[blockhead]

It's on the journey, 02.5 today

Something is brewing, even the options moved off their base

[Ninefingers]

Nice run up today. Vol picking up. DFS in July so not far off, finance DD running in parallel. A lot of strong indicators of increase in graphite demand, low sovereign risk more pertinent now than it was a couple of months ago with China vs. US. so I hope they can get some good news flow going over the next couple of quarters. IMO DYOR.

[Ninefingers]

Nice run up today. Vol picking up. DFS in July so not far off, finance DD running in parallel. A lot of strong indicators of increase in graphite demand, low sovereign risk more pertinent now than it was a couple of months ago with China vs. US. so I hope they can get some good news flow going over the next couple of quarters. IMO DYOR.

Wow a year ago, how time flies. RNU still churning away, last couple of announcements make for good reading, held through the doldrums and it is up off the lows for now may the news keep flowing.

Battery investment in Europe only growing.

[Baddarcy]

This year maybe?

[Aotea]

[QUOTE=Baddarcy;866975]This year maybe?

Hope so, its in my 2021 comp picks...plenty of upside and a decent resource both quantity and quality.

[Ninefingers]

Looking really nice here. Volume is back and the trend is up.

BAM offtakes ongoing and gold exploration looking highly prospective.

Going to try get more today.

Edit: Thread should be renamed Graphite and GOLD opportunity.

[Baddarcy]

Looks like you were not the only one getting in today, big volume today, well big for RNU anyway.

[troyvdh]

BSM peaked above 4 a while back...just saying.Some on HC dish this company..some dont.

[troyvdh]

Can someone explain why folk are unwilling to post ...just saying.

[Aotea]

Can someone explain why folk are unwilling to post ...just saying.

It amazes me. This stock is veiwed as a dog while quietly ticking significant milestones. Im in and have been for a couple of years. Until recently my avarage was 4c. Have been buying recently to bring the average down. Hold this in the stock comp and think 2021 will be RNU's year...looking good

[troyvdh]

Thank
s Aotea..,.none of us have a crystal ball.Like every opinion is valued.It really aint rocket science.Im a retired nurse.

[Aotea]

Thank
s Aotea..,.none of us have a crystal ball.Like every opinion is valued.It really aint rocket science.Im a retired nurse.

I would guess then, a retired nurse who understands disruption in the markets more than most nz broking firms. Enjoy your profits...

[Pixelator]

It amazes me. This stock is veiwed as a dog while quietly ticking significant milestones. Im in and have been for a couple of years. Until recently my avarage was 4c. Have been buying recently to bring the average down. Hold this in the stock comp and think 2021 will be RNU's year...looking good

graphite the priority, but more gold confirmed. Good news building..

Survey Confirms Large, Shallow Target Zone at Soyuz Gold ProspectHighlights• Induced polarization (IP) survey confirms large, shallow chargeability anomalyat Renascor’s Soyuz prospect in South Australia’s Central Gawler Craton.• Renascor considers the IP anomaly, together with the gold zone defined byprevious drilling at Soyuz, to be high priority drill targets for primary goldmineralisation.• Previous drilling at Soyuz (see Figure 2 and Renascor ASX announcement date10 August 2020) has intersected shallow gold, with results including:o 7m @ 5.14g/t Au from 26m to end of hole, including 2m @ 16.42 g/t Aufrom 30m1,o 6m @ 4.94g/t Au from 14m2.• The anomalous IP zone is located approximately 500 meters along strike ofprevious Soyuz drilling in an untested geochemically anomalous zone that iscoincident with the southern termination of the north-south orientated Soyuzmagnetic high.• The target zone was identified through a recently completed IP survey thatextended an historic survey. The anomalous zone is significant and exhibitschargeability signatures typical of sulphide-bearing mineralisation.• Renascor has received all approvals necessary to commence drilling at Soyuz,with a drill rig scheduled to be mobilised to site later this quarter

[Pixelator]

3.6 ¢
(AUD)




0.8
https://www.directbroking.co.nz/DirectTrade/images/spacer.gif
28.6%





27/01 10:08 AE
:t_up:

[Ninefingers]

2 weeks consolidation and on a run again. :t_up:

[Aotea]

So many shares on issue. I tend to avoid stocks with over a billion but held this from 4c and averaged down. So much potential, it will climb to 10c before years end...

[CROESUS U.T.]

Another good lift today on more positive news.

[blockhead]

And now DB is down and unable to trade on ASX, too bad if I want to bail out or top up

[Ninefingers]

I hope you didn't bail out blockhead!

Good story started developing a while ago, really getting traction now.

[blockhead]

Nope, I'm in here for the home run

[denpal]

I’ve gone in hard here this morning on the oppies, I think they’re the ones to go for with nearly two years to run. This looks like a good story and still at a low base in terms of capitalisation.

[Ninefingers]

Wish I'd got into oppies earlier, going nuts.

[troyvdh]

Not meaning post a downer on things..can folk please observe previous stocks which have experienced similar stratospheric rises....I hold 12000.

[Aotea]

Thats an appropriate question Troy. The guts is the resouce is huge, shallow, of a desirable phyical composition, high purity, has secured reduced royalty rates, offtake interest, low sovereign risk and most importantly the timing is perfect for the global shift to electrification. The SP is simply catching up with the facts rather than being emotive. I believe RNU will become quite a significant player in the global graphite market.

[silu]

Thats an appropriate question Troy. The guts is the resouce is huge, shallow, of a desirable phyical composition, high purity, has secured reduced royalty rates, offtake interest, low sovereign risk and most importantly the timing is perfect for the global shift to electrification. The SP is simply catching up with the facts rather than being emotive. I believe RNU will become quite a significant player in the global graphite market.

You still holding Talga Aotea? That's my big play in the graphite market. re RNU I await a pull back before I'm interested. There are too many stocks that rose quickly on nothing but having "battery" in their description.

[Aotea]

You still holding Talga Aotea? That's my big play in the graphite market. re RNU I await a pull back before I'm interested. There are too many stocks that rose quickly on nothing but having "battery" in their description.

100%...and will hold for a number of years yet. Talga are in such a mining friendly jurisdiction and have a fantastic resource with business relationships out the wazooo.
They will be big in the graphite/ graphene space. Management are also good buggers and I have some fabulous cores they gifted my lads.

There is room to have RNU and TLG in anyone's portfolio. Graphite and conductive metals are going to be hot commodities

[Lion_graf]

I'm big on RNU. Got in at .41. Fantasticic resource. Mostly derisked by MOUs (not binding yet) and proven resource. DFS. Etc..

However there is one concern not talked about for a long time and that is this.

"Four occurrences of chrysotile asbestos have been observed or recorded during the drilling of over 100 exploration drill holes. All but one occurrence was recorded below the ore body indicating a strong stratigraphic association which is constrained below the base of ore."

It could halt mine production. RNU said risk was low. But have developed stringent safety measures around it. But independents think risk is high apparently, but have not seen evidence of it.

[troyvdh]

Can either of you guys explain what the Bizzel family did recently in layman terms with their shareholdings recently disclosed.

[soulman]

Can either of you guys explain what the Bizzel family did recently in layman terms with their shareholdings recently disclosed.

In a nut shell, Mr B is probably buying some assets (most likely a mansion) and the banks needed collateral, so he use his RNU shares as just that.

Because he is not selling his RNU holdings to pay for it, is a positive for the company.

[Ninefingers]

In a nut shell, Mr B is probably buying some assets (most likely a mansion) and the banks needed collateral, so he use his RNU shares as just that.

Because he is not selling his RNU holdings to pay for it, is a positive for the company.

And the fact the bank see it as secure collateral...

[denpal]

Very strong finish, relentless buying!! 8.8c close on the day's high.

This puppy has gone up nearly 9x in the last three months or so and is still considered a buy by many, that's plain to see.

[soulman]

You still holding Talga Aotea? That's my big play in the graphite market. re RNU I await a pull back before I'm interested. There are too many stocks that rose quickly on nothing but having "battery" in their description.

The 40 years mine life got me in. But I am almost out on Friday.

Even though I am pretty sure they will hit 10 cents by the end of the month.

[troyvdh]

Interesting soul...why...are you hoping to be back in at a lower price...lack faith ..or ...scared of share price escalation.

[Ninefingers]

VWAP for Friday still a touch under 8c. Looking at loading up next week if possible in the 8s. So many tailwinds blowing on these embers.

[soulman]

Interesting soul...why...are you hoping to be back in at a lower price...lack faith ..or ...scared of share price escalation.

A little too much exuberance in the market.

I am thinking a capital raising is coming up for RNU.

Holding a few to qualify if offered to retail.

[denpal]

Apparently closed in Germany at 11.5c overnight....

[denpal]

And opened today on ASX at 11.5c, RNUOB at 9.7c.

[denpal]

Been a feeding frenzy today! Now 15c. At the start of this year it was 1c.

[Lion_graf]

Up 1857% percent in 1 year. Wow. Almost 20 bags!

[denpal]

Still going solidly today, 14.5c and RNUOB 11.5c. Hope the imminent gold drilling results are good otherwise that may be a bit discouraging short-term.

[CROESUS U.T.]

Still going solidly today, 14.5c and RNUOB 11.5c.
Back up to 16.2 Go you good thing:cool:

[blockhead]

Have struggled along with RNU for 5 years or more I think, accumulated a few along the way, yesterday I bailed on 1.5m of them @ 15c and am left with 2m options and rather a lot of cash to play with, they will go up further for sure but I am more than happy with where I sit.

New road bike and new jacket for riding coming up, surely that is not too extravagant at 70 years of age ?

I hope Schumi and you other regulars are in a similar position

[troyvdh]

Re road bike...pedal or engine...

[Aotea]

@blockhead thats legendary. Good for you, enjoy that cash!

[blockhead]

Pedal, mtb as well

[denpal]

Well that cap raising was done and dusted quickly! This is looking very strong as it should do based on the project. On a related note I’m looking at CDT as they have a big graphite deposit in Ghana that’s been a sleeper asset since 2012. When I get time I’ll start a new thread on it.

[Lion_graf]

Well that cap raising was done and dusted quickly! This is looking very strong as it should do based on the project. On a related note I’m looking at CDT as they have a big graphite deposit in Ghana that’s been a sleeper asset since 2012. When I get time I’ll start a new thread on it.

Here is my thoughts on CDT.. got moderated on HC.

Lol
Anyway.. sorry to post on RNU thread.


Definitely needs some conviction from management. And after some light research I can tell you there isn't any.

you have to bear in mind this is regurgitated info from 2012 what they're spouting. It is an inferred resource not an INDICATED or MEASURED resource. The fact their resource is in Africa a big holder of the worlds graphite is basically the only thing this has going for it. Certainly not grade. Take into consideration how little this has been explored and it could mean this resource is a lot less and could hundred percent not be worth mining at all. IMO this stock poses a lot of risk. A lotore risk then reward.

it's the cheapest graphite stock as some of you say, but i can see why. I certainly don't think you should buy a stock because it's cheap. Invest in good companies. This isn't one.

what have management done thus far? 2012 they let us know about their graphite. 2020 they were working on gold. What about inbetween?

"Throughout 2017, the graphite industry has been poised for flake graphite price increases, a forecast that has finally begun to be realised this month. Price increases are driven by rapidly growing demand from the use of flake graphite in lithium-ion battery anodes batteries."

"Large flake prices grew by 25% in October to average US$998/t.Prices for high grade material is forecast to continue rising through late 2017 and into 2018 as battery demand continues to rise and flake graphite producers rush to ramp-up new production."

where were management in 2017 when all stocks towards the electric revolution prematurely rose and graphite was at all time highs??

Now after a significant rise in the resource sector from late 2020 they are only just waking up and post an announcement or two to let you know they are still alive.


I'm all for spec stocks, but Jeeez this company and it's management sucks. It has a lot to prove to get new investors on board like myself. Not just some plans to take a few samples here and there and maybe drill a bit.

GLTAH, your gonna need it. If I'm wrong, well I guess I'll have to eat my hat.

[Ninefingers]

Held it's value quite well after that cap raise at 8c. Bobbled along up and down a bit, managed to pickup some cheap options. Looking forward to release of graphite testing results with offtakers and the potential for a binding agreement over the next month.

[Aotea]

RNU is my favourite company to invest in. The stars are aligning nicely for them in every aspect of good business. People seem to struggle with investing in graphite; of course it's not sexy like gold but it will become the black gold. So much more upside to go in my opinion.

[Ninefingers]

RNU is my favourite company to invest in. The stars are aligning nicely for them in every aspect of good business. People seem to struggle with investing in graphite; of course it's not sexy like gold but it will become the black gold. So much more upside to go in my opinion.
Yep definitely one of my favourites, that vertical integration for PSG production is unique. Somewhat surprised it has stayed so low the last 6 months. Nice swag of other tenements to get to once Siviour up and running. I think I'm going to be a life long holder.

[Aotea]

Yep definitely one of my favourites, that vertical integration for PSG production is unique. Somewhat surprised it has stayed so low the last 6 months. Nice swag of other tenements to get to once Siviour up and running. I think I'm going to be a life long holder.

Indeed.

The potential for substantial dividends is obvious.
Will be in my 2022 stock comp picks for sure.

[mcdongle]

Ann: Strategic Cooperation and Offtake Agreement with POSCO

[Ninefingers]

Ann: Strategic Cooperation and Offtake Agreement with POSCO

Superb. Should keep those options in the money!

[STr]

Indeed.

The potential for substantial dividends is obvious.
Will be in my 2022 stock comp picks for sure.

Might be too late to include in the next comp! It is nice to sit back and enjoy the ride this is currently on over the last few weeks!!!

[Aotea]

Might be too late to include in the next comp! It is nice to sit back and enjoy the ride this is currently on over the last few weeks!!!

I suspect the growth curve is going to be sustained for some time.
Will almost certainly be in my 2022 comp picks.

[Ninefingers]

Wow what a month for RNU.
Setup again like Jan21.
Graphite supply deficit.
2nd largest reserve in the world.

[denpal]

Yes, it ticks more boxes than just about anything that I am aware of! Have had the OB's for a while now, and buy more on weakness. Let's hope for continuing milestones being ticked off as we go.

[Nomad]

There'll be a few happy holders after the flurry of the last few days....

[CROESUS U.T.]

It's been a great ride, but when to get off is the question.

[CROESUS U.T.]

2 February 2022
Australian GovernmentConditionallyApproves A$185millionLoan
FacilitytoFund theDevelopment of theSiviour Graphite Project
Highlights:
•Renascoris pleased to announce that the Australian Government, throughExport Finance
Australia (EFA),hasconditionallyapprovedanA$185 millionloan facilityto support the
development of theSiviour Graphite Project in South Australia.
•This loanisapproved undertheAustralian Government’s $2 billionCritical Minerals
Facility, which was established in September 2021 to assistthe development ofAustralian
critical minerals projectsandto secure the vital supplies of resources needed to drive the
new energy economy and support the resources jobs of the future.
•TheSiviour Graphite Project has previously been granted Major Project statusby the
AustralianGovernment,in recognition of itspotentialtocontributeto Australia’sCritical
Mineral StrategyandResource Technology and Critical MineralProcessing National
Manufacturing Priority Roadmap1.
•With the support ofthe Australian Government’s loan facility,Renascoraimsto become a
world leader in the sustainable production of 100% Australian-madeadvancedgraphite
productfor use inthelithium-ion batteriesfuelling the electric vehicle revolution

[Ninefingers]

It's been a great ride, but when to get off is the question.
Not for a while yet :t_up:

[Aotea]

Not for a while yet :t_up:

2025 feels about right for 50% of one's holdings.

[denpal]

Unbelievably this is still probably cheap!! The updated DFS due in the near future should be massively more in all the metrics, plus we now have most capex in place. And with the graphite sector likely to follow lithium's in terms of the market realising the magnitude of the shortfall and the pricing implications goodness knows where we'll end up later this year. I wonder whether we'll see 50c or so by the time the PEPR is released plus another burst when the DFS hits the market.

I hold these.

[CROESUS U.T.]

The ride continues - Revenue target $1B +?
"28 March 2022
Siviour Battery Anode Material Project -
Project Update
Advancing toward final investment decision for the world’s first integrated,in-country mine and Purified Spherical Graphite operation outside of China Renascor Resources Limited (ASX: RNU) (Renascor or the Company) is pleased to provide the following update for its 100%-owned Siviour Battery Anode Material Project (the Project) in South Australia.
Project Development:
• Work is progressing on an updated, optimised Battery Anode Materials Study1 (BAM Study), building on previous detailed feasibility work undertaken by Renascor for the planned vertically integrated mine and advanced manufacturing operation in South Australia. GR Engineering Services (ASX: GNG) is acting as study manager and engineering designer.
• The optimised BAM Study will incorporate material improvements to the mineral processing parameters adopted in the earlier study, including increases in spherical graphite milling yields and improvements to both the Graphite Concentrate flotation3 and downstream purification circuits. As part of the optimised BAM Study, the final operating parameters will be determined.
• The optimised BAM Study is assessing an increase in Purified Spherical Graphite (PSG) production capacity, as well as additional staged expansions of PSG operations in order to meet projected demand. Studies to date had considered an initial Stage 1 production capacity of 28,000tpa PSG.
Financing:
• In February 2022 the Australian Government, through Export Finance Australia (EFA), conditionally approved an A$185 million loan facility to support the development of the Project5 .
• The Company and EFA are targeting to conclude formal loan facility and security documentation in mid-2022.
Graphite Market and Offtake:
• Purified Spherical Graphite (PSG), which is used in the production of anodes for lithium-ion batteries, is experiencing further substantial upward price improvement, with Fastmarkets reporting PSG prices of US$3,500 to US$3,800 per tonne, a 40% increase over the last six months6 and -194 mesh (a common feedstock for PSG) increasing by 48% to US$830 per tonne over the same period.
• Positive offtake discussions are continuing with parties 7 from Korea, Japan and China, with indicative demand of in excess of 60,000tpa of PSG, far outstripping
proposed Stage 1 production capacity"

[Scrunch]

The ride continues - Revenue target $1B +?
"28 March 2022
Siviour Battery Anode Material Project -
Project Update
Advancing toward final investment decision for the world’s first integrated,in-country mine and Purified Spherical Graphite operation outside of China Renascor Resources Limited (ASX: RNU) (Renascor or the Company) is pleased to provide the following update for its 100%-owned Siviour Battery Anode Material Project (the Project) in South Australia.
Project Development:
• Work is progressing on an updated, optimised Battery Anode Materials Study1 (BAM Study), building on previous detailed feasibility work undertaken by Renascor for the planned vertically integrated mine and advanced manufacturing operation in South Australia. GR Engineering Services (ASX: GNG) is acting as study manager and engineering designer.
• The optimised BAM Study will incorporate material improvements to the mineral processing parameters adopted in the earlier study, including increases in spherical graphite milling yields and improvements to both the Graphite Concentrate flotation3 and downstream purification circuits. As part of the optimised BAM Study, the final operating parameters will be determined.
• The optimised BAM Study is assessing an increase in Purified Spherical Graphite (PSG) production capacity, as well as additional staged expansions of PSG operations in order to meet projected demand. Studies to date had considered an initial Stage 1 production capacity of 28,000tpa PSG.
Financing:
• In February 2022 the Australian Government, through Export Finance Australia (EFA), conditionally approved an A$185 million loan facility to support the development of the Project5 .
• The Company and EFA are targeting to conclude formal loan facility and security documentation in mid-2022.
Graphite Market and Offtake:
• Purified Spherical Graphite (PSG), which is used in the production of anodes for lithium-ion batteries, is experiencing further substantial upward price improvement, with Fastmarkets reporting PSG prices of US$3,500 to US$3,800 per tonne, a 40% increase over the last six months6 and -194 mesh (a common feedstock for PSG) increasing by 48% to US$830 per tonne over the same period.
• Positive offtake discussions are continuing with parties 7 from Korea, Japan and China, with indicative demand of in excess of 60,000tpa of PSG, far outstripping
proposed Stage 1 production capacity"

You might have a decimal place wrong.
US$3,500 * 28,000 = US$98,000,000. This is very close to US$100m but its a long way from $1B. Yes here will be sales for the non-processed graphite but those are likely to average US$1,000-1,500/t.

[denpal]

Graphite prices up 40% in the last six months says RNU.

[CROESUS U.T.]

You might have a decimal place wrong.
US$3,500 * 28,000 = US$98,000,000. This is very close to US$100m but its a long way from $1B. Yes here will be sales for the non-processed graphite but those are likely to average US$1,000-1,500/t.
Damn https://www.youtube.com/watch?v=OqjF7HKSaaI

[Aotea]

My favourite ASX company has been flying under the radar on this forum with the last post in April. Personally i see all the stars aligning and RNU becoming a global leader in high quality graphite. Would be interested to hear who holds and for how long? Cheers

[mcdongle]

Well i have some .... had them for years... Bought at around1.5c though so not too unhappy.

[Aotea]

Well i have some .... had them for years... Bought at around1.5c though so not too unhappy.

Nice to hear. Same and about to convert my options. The tide is tirning for RNU.

[STr]

only got in over the last year or so - thanks to this forum. Got mine around 14c .... but still 50% up so I aint complaining. Have beenthinking of investing more but I keep thinking I have missed the opportunity!

[troyvdh]

Has the company had a name change.,..in the past..

[Aotea]

Has the company had a name change.,..in the past..

Previously renaissance uranium. Changed in 2009 or 2010.

[troyvdh]

I've got some !
In addition of got some GW1 ..Greenwing res.I think they were once Bass.
Also into graphite.They have done ok to.
Cheers.

[Aotea]

RNU starting to gather a head of steam after a decent retrace.
I expect them to steadily rise for the balance of this year.

[Aotea]

Am at a loss to understand how little interest our forum members have in RNU. To me its been a no-brainer to hold and the rise will be ineviatable in a green and electrified transition...

[CROESUS U.T.]

Similar thoughts about the lack of apparent interest in ASX, as assuming I'm an average member with about 50% of my holdings on the Big Island, yet less than 1/3 of the comments on the board are about Oz companies.
RNU has been pretty good for me.

[mcdongle]

Not really been a lot to talk about, just waiting for things to get going.

[silu]

I'm big on TLG as a vertically integrated graphite play. However I am aware that it all depends on the permits which might be a hurdle. I'm looking to diversify in the graphite sector so I'll look into RNU. Just out of curiosity over on HC they were talking about a company changing announcement and then despite being positive it dropped hard. What gives? Buy the rumour sell the fact?

[Aotea]

Silu, as you know I am big on Talga and expect the court decision to be positive early next year. The announcement yesterday was the PERP and was a big step forward which will enable binding offtakes to follow and secure Government funding support. The SP at the time I feel was factored into that decision being approved so no real jump on the announcement. The arse fell out of the market in last two days in the Li space and with market jitters RNU feel too. Its a long term hold and like TLG, I am very much invested in it moving to production. Am biased though having bought in in 2016 and had some solid gain in value.

This is an ever-evolving list, and drafted by a wise character called BombersMaid on HC called Top 40 Compelling Reasons to Invest in Renascor Resources (RNU)

Jurisdiction

1. Located in a Tier 1 Mining Friendly Jurisdiction in Australia (South Australia is a Top 10 Mining Destination Globally as per Fraser Institute 2021 Rankings)

https://hotcopper.com.au/data/attachments/4851/4851426-e0fd4a60565d6538278b1c05c0996c81.jpg


2. Located in Sunny Australia where Mining Operation can largely operate 365 days a year, unlike some Graphite Projects in China / Canada / Europe that close during Winter

https://hotcopper.com.au/data/attachments/4851/4851428-1d0f55e538cb883a7f32395db858a001.jpg


3. RNU is a member of the European Battery Alliance (EBA) and the European Raw Materials Alliance (ERMA)
https://hotcopper.com.au/data/attachments/4851/4851431-14658fcfa198c7f64ab8314ef494c40a.jpg

4. Australian is a key Battery Minerals player in the Inflation Reduction Act, given Australia's Free Trade Agreement with the United States

https://hotcopper.com.au/data/attachments/4851/4851434-469b70019b9e5a5db9916b84d691d794.jpg

5. A True Tier 1 Mining Friendly Jurisdictionin Australia, with World Class Existing Infrastructure in place to support operations both at the Mine and BAM Facility i.e. Roads, Power, Water, Labour etc


Resource


6. World's 2nd largest Proven Graphite Reserve (Largest Outside of Africa)
https://hotcopper.com.au/data/attachments/4851/4851438-4d896aa7ca0318a92136268f40e919b6.jpg


7. Australia's Largest Graphite Resource and Graphite Reserve

https://hotcopper.com.au/data/attachments/4851/4851440-e85aa9a93b10886305a97a0646b0c826.jpg


8. Siviours Unique (Flat and Horizontal) Geology results in Renascor potentially one of the lowest Cost flake producers outside of China

https://hotcopper.com.au/data/attachments/4851/4851441-38fc91cf99be6c736bcef20c6eecf438.jpg

9. Renascor's Flake Basket Mix contains a large percentage of Fines + Small + Medium flake that is the preferred feedstock for battery anode material
https://hotcopper.com.au/data/attachments/4851/4851448-256d2511548722f0ee416e407f48061a.jpg

10. Siviour Deposit is a World Class Deposit that Renascor has Only Began to Scratch the Surface of.

https://hotcopper.com.au/data/attachments/4851/4851464-56cca44a5d8ead5ea835bff8184f5e3f.jpg

11. Significant Exploration Upside at Siviour and for regional potential in the Eyre Peninsula given Renascor's large Tenure Portfolio

https://hotcopper.com.au/data/attachments/4851/4851466-849b70db42bcf1eb3a0b106496f9faec.jpg


Government Support


12. Attended High Level Meetings in South Korea with the South Australian Premier and Senior Management from POSCO
https://hotcopper.com.au/data/attachments/4851/4851470-feb4b32fc61978ba599e298b1aa26940.jpg

13. Renascor is 1 of 29 Companies granted Major Project Status from the Federal Government

https://hotcopper.com.au/data/attachments/4851/4851471-ba9e4ab01259a392a18eec336d17ee8d.jpg

14. Financing - $185m Loan from Export Finance Australia as part of the $2Billion Critical Minerals Fund

https://hotcopper.com.au/data/attachments/4851/4851535-6d3735b302ad9c965fa936eb6c100121.jpg

15. In-Principle further finance from the Clean Energy Finance Corporation"CEFC".

16. South Australian Govt support - "New Mine Status" state royalty reduced from 3.5% to 2% until 2026.

17. Renascor Resources identified as a “Selected Australian critical minerals project” in the Australian Government’s Resources Technology and Critical Minerals Processing National Manufacturing Priority Road Map.
https://hotcopper.com.au/data/attachments/4851/4851479-d64062fcb0512666ff02f0587b7a406c.jpg

18. Potentially fully funded for Stage 1 given the current bank balance of A$71m, a $185m Federal Government Loan from Export Finance Australia, and in-principle support received from the Clean Energy Finance Corporation

https://hotcopper.com.au/data/attachments/4851/4851484-63a28b3a44eaf189f0084985defb2827.jpg

19. Secured the lease to a Large 20ha site near Port Adelaide to house the Down Stream Battery Anode Material Facility direct from SA Water


Project Fundamentals


20. Four offtake MoUs for 60,000tpa of Purified Spherical Graphite (More than Double what was modelled in the 2020BAM Study) with Companies from South Korea, China & Japan (Including POSCO)

https://hotcopper.com.au/data/attachments/4851/4851486-f4dbec0ca34c4e061824f6b795f18c5e.jpg

21. 1 of only 3 Graphite Projects with a completed DFS in Australia

22. Renascor is on track to become the world’s first integrated, in-country mine and Purified Spherical Graphite operation outside of China.

23. Optimised Battery Anode Study (DFS) to model a significant increase in PSG Production, incorporate 30% higher PSG Yields, improved locked cycle flotation yields & higher graphite purities since the previous studies were completedin 2019 & 2020

24. Renascor has been added to the MSCI Global Index and the ASX All Ordinaries (Top 500 Companies)

25. BAM Site assessing use of Renewable Energy / BioGas / Recycled Water to have 1 of, if not the lowest CO2 footprints out of any PSG Facility Globally
https://hotcopper.com.au/data/attachments/4851/4851502-555cf8aee1505312c709ed8427b29f4b.jpg

26. Renascors Graphite Tested at 2018 showed that +367mAH/g was achieved from 94% Siviour PSG + Mixed with 6% Binder
2020 Anode Test work showed that +644mAH/g was achieved from Siviour PSG + Mixed with a Binder and Dosed with Silicon, with minimal capacity loss through the cycle test

https://hotcopper.com.au/data/attachments/4851/4851504-90403561c68fedee3e06bd1dd16932e3.jpg

27. Proven eco-friendly, HF-free purification process endorsed by leading global anode companies

28. Optimised by Dorfner Anzaplan in Germany – The Worlds Leading Metallurgical / Engineering Company
Purified Spherical Graphite has been tested and Proven at Bulk Scale at +99.95% (up to 99.99% TGC) in both Germany& Asia

https://hotcopper.com.au/data/attachments/4851/4851507-1af4ecb710de7eb313a02539b0547ab6.jpg

29. Significant Cash in the Bank today with A$71m at the End of the Q3 Quarter

30. Large Majority of PSG Basket will be produced at 15um, with a smaller portion at the higher valued 10um (As shown in Test work)

https://hotcopper.com.au/data/attachments/4851/4851514-949ab236abd78e8dabab70a90a33769c.jpg

31. Entering Discussions and product Qualification with a number of key players in the Emerging North American /European Markets

https://hotcopper.com.au/data/attachments/4851/4851516-3fa768c0813d73cfdd234dd97f6f8029.jpg


Graphite Market


32. Graphite Pricing is getting ready to go on a parabolic Run with the EV revolution continuing the gather steam. Graphite according to Benchmark Minerals + Credit Suisse is going to be the #1most important mineral to the EV revolution and also the most likely mineral to be in deficit by 2030 (Anticipated Shortfall of 2Mt by 2030)

https://hotcopper.com.au/data/attachments/4851/4851518-fcf33da67e41947255a107484c76bbb9.jpg

33. Graphite is the #1 Material by weight in a lithium ion battery today (regardless of chemical composition)

34. Natural Graphite Demand particularly for Fines / Small / Medium Flake expected to rapidly increase o
https://hotcopper.com.au/data/attachments/4851/4851528-e1bca0203566aa73cb12410fa5d20dfa.jpg

https://hotcopper.com.au/data/attachments/4851/4851525-946dbf32fa27bb8ce721b0fa5c826df4.jpg

35. Purified Spherical Graphite Demand increasing over coming decade, deficit starting 2023.

https://hotcopper.com.au/data/attachments/4851/4851523-ec2f5047b3b893cefe00ab979727ec5b.jpg


Management Team


36. An A+ Grade Management Team – I have heard this a lot in my time in mining, yet from my experience with Dave he is a Top Shelf operator, knows the project inside and out, is invested in the company, always happy to answer Shareholder questions, one of the genuine good guys. There is 2 things I always look for in a Jnr Mining Coy: 1 is the Resource and 2 is the Management. Renascor is blessed with both.


Future Growth


37. Shallow High Grade Gold Project at Carnding (Soyuz).

https://hotcopper.com.au/data/attachments/4851/4851497-d486410d0b63d7a046b885e0ddf37c52.jpg

38. Working with Sicona to jointly develop a next-generation lithium-ion battery anode material which combines silicon with graphite to significantly improve anode capacity and cell energy density.

39. JV with Rio Tinto at Marree Project - Binding Farm-In Agreement for Copper Project with a Tier 1Giant in Rio Tinto.
https://hotcopper.com.au/data/attachments/4851/4851492-8c215b399fe7ee6a1b859092896e3225.jpg

40. Long term Plan to Establish further downstream processing expertise (and partnerships, as appropriate) to support development of fully integrated anode production.

And as of yesterday the approved PEPR!
There is a lot to like and I will be holding to 2030.

[silu]

Thanks for the research material Aotea!

[Azza]

Excellent stuff Aotea, yesterday was definitely a good day to have some RNU!

[JBmurc]

Been buying up RNU's neighbour ITM of late ... could well have a much larger Graphite resource in SA... drilling at present updates any day ... real 10x Bagger potential

[Aotea]

Well RNU hasnt been much chop lately...

[JBmurc]

Well RNU hasnt been much chop lately...

ITM even worse >>>> bleak times //hoping to see the FED put rates on hold I even read talk of cuts WTF !!!!

[silu]

Market really didn't seem to like the study results. This must be more than just the general weak graphite numbers currently?

discl. hold TLG but have had RNU on a watchlist for ages

[percy]

https://stockhead.cmail20.com/t/d-l-vjtjhdy-yupddjlly-p/

[denpal]

It really crapped its pants! I sold out pretty well the day of the announcement. Issues are soft graphite price currently, and long time to get the two stages of PSG producing. On current low PSG prices it is marginally viable.

Seems synthetic graphite is making inroads into natural graphite now that the whole ESG brownie points system is losing favour.

For me all the above and will stick to lithium for now until I see a recovery in the graphite market which is going into deficit more slowly than expected with consequent soft pricing.

[JBmurc]

It really crapped its pants! I sold out pretty well the day of the announcement. Issues are soft graphite price currently, and long time to get the two stages of PSG producing. On current low PSG prices it is marginally viable.

Seems synthetic graphite is making inroads into natural graphite now that the whole ESG brownie points system is losing favour.

For me all the above and will stick to lithium for now until I see a recovery in the graphite market which is going into deficit more slowly than expected with consequent soft pricing.

Yeah ITM getting hammered of late sold a few booked the Tax loss ... what I'm seeing in the resources sector spec buy interest is in Lithium / O&G ... the rest pretty much like the spot prices isn't getting interest.. at some point thats going change ... as Oil heads higher surely that would hurt the synthetic graphite market pricing...

[Sous87]

RNU trading halt today. $185m additional debt funding by Albanese govt to take Siviour into production!
I hold but hasn’t been easy! Welcome news.

[clearasmud]

RNU trading halt today. $185m additional debt funding by Albanese govt to take Siviour into production!
I hold but hasn’t been easy! Welcome news.

Congratulations!