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2026-11-06
◂ Monitor RNU ASX

Renascor Resources Limited

DFS Unfunded Developer · Graphite · Australia Rating locked: sign in to view v6.2
Last 2026-11-06
A$0.05
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$127.3M
EV
A$33M
Cash
A$94.4M
Debt
A$0
3 newer ASX announcements not yet reflected in this valuation

Funding, performance and ownership

Financials & Capital

As of 2026-06-30
Cash A$94.4M Not Meaningful
Debt A$0 Net cash A$94.4M
Basic shares 2.5B 2026-03-30
Runway Not Meaningful June-quarter Appendix 5B reported positive operating cash flow from interest and no customer receipts; division-based runway is not meaningful. A$185m conditional loan is not an available undrawn facility.

Liquidity

Financial position

A$94.351m cash funds current studies and demonstration work, but falls short of historical initial A$214.5m upstream capex before contingencies. Funding commitments and equity terms remain unbound.

Capital structure

Ownership and dilution

Ordinary shares
2.5B
Fully diluted
2.6B

30 June 2025: 2,543,154,360 ordinary. 31 December 2025: 2,544,065,428 after 911,068 rights conversion. 30 March 2026 quotation: 2,546,237,633 after another 2,172,205 rights. Fully diluted maximum adds 32,070,569 unquoted rights on a conservative 1:1 basis; actual settlement depends on vesting and some historical conversion terms.

Security classes2
ClassTypeQuantityStrikeExpiry
RNU ordinary fully paidOrdinary Share2.5B——
Unquoted performance rights, conversion terms varyPerformance Right32.1MA$0—

KPI history

Operating metrics

1 periods
Operating metric source table1
MetricProjectPeriodPeriod typeValueStatus
RecoverySiviour2025 bulk-sample campaignPoint In Time96.5 % graphite recoveryReported
Company guidance1
MetricProjectPeriodLowHighStatus
Larger Demonstration Operating Runssiviourlater calendar 2026—— milestoneCurrent

Capital history

Capital events

1 events · newest first
DateEventAmountSharesPriceStatusTerms
2026-03-30Ann. 2026-03-31RaisingA$02.2M—Completed—

Contracts and ownership

Material economic arrangements These are deals that can affect sales, costs, funding or ownership. An arrangement marked “Included in valuation” may already be built into a project estimate or the bridge to shareholder value. A separate amount is shown only when one can be estimated; do not add it again.

Complete As Disclosed · as of 2026-09-26

FY25 annual accounts and post-annual presentation/quarterly reconciled. No live commodity or FX hedges disclosed; non-binding offtakes do not imply contracted revenue.

No beneficial interest earned as at 30 June 2026; director Geoffrey McConachy has a 25% beneficial interest in Vintage tenements.

Earn In · Active
Counterparties
Vintage Exploration and Mining Pty Ltd
Applies to
Wooltana and Porter Hill exploration · Copper · Uranium
Economic direction
Mixed
Period
From 2025-07-08; no end date stated
Key terms
Initial interest: 51 %
Upsize interest: 90 %
How it affects our valuation

No valuation treatment is available for this arrangement.

Retained 1% NSR on sold tenement, with no disclosed production or royalty receipts.

Royalty · Active
Counterparties
Hiltaba Gold Pty Ltd
Applies to
Hiltaba retained royalty interest · Gold
Economic direction
Benefit
Period
Dates not stated
Key terms
Net smelter return royalty: 1 % NSR
How it affects our valuation

No valuation treatment is available for this arrangement.

Non-binding offtake commitment. Pricing structures still under discussion; no contracted volume, price or start date.

Offtake · Announced
Counterparties
POSCO International
Applies to
Siviour integrated Battery Anode Material Project · Graphite
Economic direction
Benefit
Period
Dates not stated
How it affects our valuation

No valuation treatment is available for this arrangement.

Non-binding strategic cooperation/offtake; no disclosed binding price, volume or start date.

Offtake · Announced
Counterparties
Mitsubishi Chemical
Applies to
Siviour integrated Battery Anode Material Project · Graphite
Economic direction
Benefit
Period
Dates not stated
How it affects our valuation

No valuation treatment is available for this arrangement.

Non-binding offtake commitment; no disclosed binding price, volume or start date.

Offtake · Announced
Counterparties
Hanwa Co. Ltd
Applies to
Siviour integrated Battery Anode Material Project · Graphite
Economic direction
Benefit
Period
Dates not stated
How it affects our valuation

No valuation treatment is available for this arrangement.

Registered Indigenous Land Use Agreement supports upstream access; issued share consideration is already in ordinary capital.

Other · Active
Counterparties
Barngarla Determination Aboriginal Corporation
Applies to
Siviour integrated Battery Anode Material Project · Graphite
Economic direction
Mixed
Period
Dates not stated
How it affects our valuation

No valuation treatment is available for this arrangement.

Option to lease Bolivar site for planned commercial PSG production; rent and exercise consideration not disclosed.

Other · Active
Counterparties
SA Water
Applies to
Siviour integrated Battery Anode Material Project · Graphite
Economic direction
Benefit
Period
Dates not stated
How it affects our valuation

No valuation treatment is available for this arrangement.

A$5m co-funding grant under International Partnerships in Critical Minerals Program; receipts to date included in reported cash.

Strategic Partnership · Active
Counterparties
Australian Government
Applies to
Siviour integrated Battery Anode Material Project · Graphite
Economic direction
Benefit
Period
From 2024-07-11; no end date stated
Key terms
Awarded grant: 5,000,000 AUD
How it affects our valuation

No valuation treatment is available for this arrangement.