Past year: ▼ 35%(5.30c – 8.90c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
13 May 2016capital raising announcement● Neutral
Details the $711,000 placement: 47.4m shares and 11.85m options issued, taking shares from 237.1m to 284.5m, about 8.33% dilution under the 7.1 and 7.1A capacities. Fees about $42,660. Completes the first tranche of the 11 May raising.
11 May 2016capital raising announcement● NeutralMajor
Raises $1.1m at $0.015 per share, with one free $0.03 option (expiring 30 Sep 2016) per four shares. $711,000 is placed now and $389,000 is conditional on shareholder approval. Funds Siviour expansion drilling and metallurgical work; addresses the low cash flagged in the April quarterly.
11 May 2016investor presentation● Neutral
Capital raising presentation repeating the Siviour resource, flake quality and plans. Shows 237.0m shares, $0.017 share price (6 May), $4.0m market value and $495k cash. No new results.
5 May 2016drilling scheduled▲ GoodMajor
Large-diameter diamond core drilling at Siviour to start this month for metallurgical samples, plus resource expansion drilling. Renascor plans to lift its Eyre Peninsula Minerals stake to 49% next month by issuing 38.67m shares, subject to shareholder approval. Scoping study still due next quarter.
3 May 2016security holder rights change● Neutral
750,000 unlisted options at $0.054 expired on 30 April 2016, leaving no unlisted options on issue. Administrative; no cash raised.
3 May 2016drilling result▲ Good
Review of 2010 AngloGold soil samples at Munglinup found a 4km lithium-anomalous trend at the Young River prospect, peak 74.9 ppm. Renascor plans more sampling and mapping. A new, early-stage lithium thread alongside the graphite focus; no drilling yet.
28 Apr 2016other● Neutral
Announces a company-commissioned research report by Beer & Co on the Arno graphite project, available on the website. No new operational or financial information.
26 Apr 2016other● Neutral
Announces a company-commissioned BCP Equities research report, 'Creating Scale with Arno', available on the website. No new operational or financial information.
20 Apr 2016investor presentation● Neutral
Conference presentation repeating the Siviour resource and the Q3 2016 scoping study plan. Shows 237.0m shares, a $0.015 share price and a $3.6m market value, lower than in March. No new results.
22 Mar 2016investor presentation● Neutral
Conference presentation repeating the Siviour resource (16.8Mt at 7.4% TGC), flake results and plans for processing tests and a Q3 2016 scoping study. Shows 234.7m shares, $0.021 share price, $4.9m market value. No new results.
17 Mar 2016resource reserve update▲ GoodMajor
Maiden JORC resource for Siviour, Arno: 16.8Mt at 7.4% TGC for 1,243,200t contained graphite, including 5.9Mt at 10.0% TGC at an 8% cut-off. Company calls it Australia's largest reported graphite resource. Resolves the resource thread; a scoping study is expected in the third quarter.
15 Mar 2016half year report● Neutral
Half-year to 31 December 2015: loss of $360,046, versus $3,617,614 a year earlier. Recaps the Arno option, the Munglinup acquisition approved at the November AGM (18m shares, 4m options at $0.03) and the 2015 entitlement offer. Predates the Siviour drilling results.
11 Mar 2016drilling result▲ Good
Microscope work on drill samples from four Siviour holes found over 80% of the graphite flakes in the large to super-jumbo size categories, with flakes up to 1,600µm. A maiden JORC resource, being prepared by Optiro, is expected within a week. No processing tests on Siviour yet.
25 Feb 2016drilling result▲ GoodMajor
Final assays from the 24-hole program found graphite at Siviour West (23m at 8.0% TGC) and Paxtons (27m at 7.8% TGC). Company says the zone may extend over 3km east-west. Next stage planned: more drilling and metallurgical testing to assess resource potential.
16 Feb 2016drilling result▲ Good
Five more Siviour holes hit thick, shallow graphite, including 27m at 13.0% TGC (Siv018) and up to 22.9% TGC. Confirms high-grade graphite at least 600m west of the original traverse, still open. Continues the February results; five holes still awaiting assay.
10 Feb 2016drilling result▲ GoodMajor
First assays from the 24-hole Arno program, which began in January: 10 holes at Siviour hit shallow graphite, best 19m at 14.8% TGC from 12m (Siv014). Suggests a flat-lying body over 600m strike, which the company says looks unique in the Eyre Peninsula. Remaining assays due in 2-3 weeks.
6 Jan 2016drilling scheduled▲ Good
Drilling to start the following week at Arno, with up to 3,000m planned in the first quarter of 2016. It begins with about 1,000m testing the Siviour zone west of earlier holes. All approvals are received and a rig is contracted. Follows the December acquisition.
14 Dec 2015investor presentation● Neutral
Presentation promoting the graphite strategy, repeating the Arno and Munglinup results. Shows 216.7m shares, a share price of $0.012, a market value of $2.6m and cash of $1.1m at 30 September. Arno drilling is due this month. No new results.
3 Dec 2015asset acquisition disposition▲ GoodMajor
Binding option to buy Eyre Peninsula Minerals, which holds an option over 78% of the Arno graphite project in South Australia (1,372 sq km). Earlier drilling hit graphite in all eight holes, including 19m at 11.14% TGC. This adds a second graphite project alongside Munglinup, with drilling due this month.
26 Nov 2015investor presentation● Neutral
AGM presentation by the managing director repeating the Munglinup graphite targets, the Eastern Eyre copper project and the plan for an induced polarisation survey. Says Munglinup drilling is expected to start the following month. No new results.
26 Oct 2015drilling scheduled▲ Good
Survey data at the newly acquired Munglinup project identified two large conductors, Shiraz (over 2 km long) and Pinot, along strike from the Halbert's deposit (1.47Mt at 18.2%). Drilling is expected later this quarter, helped by the $140,000 grant. These are targets, not a resource.
30 Sept 2015annual report● Neutral
Annual report for the year to 30 June 2015. The chairman says Extension Tank and 1050 East drilling showed significant copper and the new Munglinup project offers drill-ready graphite and nickel targets, and that the share price does not yet reflect this. Drilling at Munglinup is planned later this year.
30 Sept 2015other● Neutral
Administrative filing of the Appendix 4G and 2015 Corporate Governance Statement, lodged with the annual report. It states where governance disclosures sit on the website. No new operational or financial information.
14 Sept 2015other● Neutral
Clarifies after a newspaper article that Munglinup has no JORC-compliant graphite resource. The adjacent Halbert's deposit has 1.47Mt at 18.2% fixed carbon.
10 Sept 2015asset acquisition disposition▲ GoodMajor
Binding agreement to acquire the Munglinup graphite and nickel sulphide project in Western Australia (579 sq km) for 8m shares, 4m options ($0.03) and $100,000 cash, with a $140,000 co-funded drilling grant. It adjoins the Halbert's graphite deposit; no resource at Munglinup itself. Drilling is expected later this year.
4 Sept 2015drilling result● Neutral
Assay results show anomalous copper at Extension Tank, which the company says is likely a mafic volcanic sequence causing the gravity and magnetic features. Two holes to the east returned strongly anomalous lead, zinc and copper in the Angle Dam fault. An induced polarisation survey is planned.
3 Aug 2015drilling result▼ BadMajor
Nine-hole, 1,609m program at Extension Tank found mafic meta-basalts with red-rock alteration but only low-level sulphides in the main anomalies. The company downgraded Extension Tank in its pipeline, a setback for the prospect; assays are due in three to four weeks.
8 July 2015capital raising announcement▲ GoodMajor
Raising completed at $1.5m: $1.0m through the entitlement offer (retail $284,012, institutional $630,000, rest from underwriters) plus Acorn's $500,000, all at $0.02. A shortfall of 19.1m shares remains, which the company may place until 3 October. Drilling has begun.
1 July 2015drilling scheduled● Neutral
A rig is mobilised for a roughly 1,500m reverse circulation and diamond program at Extension Tank, starting early the following week and finishing mid to late July. Funded by the recent raising and the PACE grant. This is the follow-up drilling long flagged.
16 June 2015investor presentation● Neutral
Copper conference presentation repeating the Extension Tank case (8m at 0.45% Cu) and the raising. Shows 163.3m shares, share price $0.023 and market cap $3.756m on 12 June. No new results.
