Ann: Successful locked-cycle tests & bulk concentrate production, page-4

Watched interview of md Talga re graphene on c2 business program.
He said that it was difficult to share all the information available as users wanted to protect their IP from competitors.
This is a positive picture they paint.

I am interested on an update of RNU off take developments. Based on twitter activity from Mastermines it appears that he and the MD have been very busy.
Still 5 months have elapsed and it remains quiet.

From the announcement

"Work was undertaken by SGS Lakefield in Canada, processing a 200 kg bulk sample from Siviour. The bulk sample was a composite of diamond drill core with an approximate head grade of 11% TC (the average head grade adopted in the Siviour Pre-Feasibility Study for the initial three years of small-scale production was 12.8% TC).

While only limited flowsheet development was carried out as part of the bulk flotation test program, the results are consistent with previous test work, and Renascor considers that it further supports the process design criteria adopted for the Siviour Pre-Feasibility Study.

The combined graphite concentrate that was generated at the end of the bulk test program graded 94.8% TC with a total sample mass of 18.4 kg. The sample prepared from the program will be used for evaluation by potential offtake partners and further metallurgical testing"

It appears continuous improvement is being made in off take samples.
My interpretation BUT!
Are we not quite there yet and this is somewhat reflected in the SP.