RNC Minerals (TSX:RNX) – The Dumont Nickel-Cobalt Project: An Exciting Option?

The RNC Minerals Company Logo.
RNC Minerals
  • TSX: RNX
  • Shares Outstanding: 608M
  • Share price C$0.31 (31.03.2020)
  • Market Cap: C$185M

Last week, Crux Investor explored the numbers behind gold-producer RNC Minerals’ encouraging Q4/19 results.

Now, fresh from an uplifting interview a few weeks ago with RNC Minerals’ CEO (TSX: RNX), Paul Huet, Crux Investor interviewed Johnna Muinonen, the President of Dumont Nickel (a subsidiary of RNC Minerals).

Nickel ore
Nickel ore

We were curious about how RNC Minerals’ former flagship project will be developed to add value for shareholders. RNC Minerals investors have been focussing on the company’s strong, stable gold-production, but have they been overlooking one of the most exciting elements of the story?

If RNC Minerals is a company that takes your interest, you may well want to check out our previous update from Huet. We’ve covered RNC Minerals with detailed investigative articles for much of the last year. Make sure you check them out.

Nickel, Nickel, Nickel

Muinonen is a nickel lifer. Her experience, expertise and enthusiasm was tangible during our interview. She has a similar level of passion and drive as her CEO, Paul Huet. That can only be a good thing.

RNC Minerals was originally known for its large nickel project, Dumont; it has the potential to be the 4th largest nickel sulfide project in the world (once ramped-up in a year 7 Phase II expansion). However, after RNC made its major gold discovery at Beta Hunt, the company moved its focus away from nickel towards consistent, cash generative gold. 51,090oz for 2H/19 at an AISC of US$1,144/oz is evidence this plan was prudent. While these results are strong, investors seem to have forgotten that RNC Minerals’ option on nickel at Dumont could potentially be a sizeable future value-generating event.

What are the key stats?

Potentially the 4th largest nickel sulfide project in the world, with a 30+ year Life-of-Mine

Scale is undeniably important, especially when it comes to Nickel investment

Nickel is the most important metal by mass in lithium-ion battery cathodes, which are commonly used by EV manufacturers. At present, nickel comprises a third of Nickel Manganese Cobalt (NMC) cathodes and 80% of Nickel Cobalt Aluminum (NCA) cathodes.

If the EV revolution is, indeed, to be a ‘revolution,’ the entire global automotive infrastructure will have to transform. This will require great change and great nickel demand, and this will only be satisfied by big projects. With the large scale of Dumont, RNC is priming itself to take advantage of nickel demand in the near future. In RNC Minerals’ Feasibility Study, released last year, initial nickel production in concentrate is projected to be 33ktpa ramping up to 50ktpa after the Phase II expansion. The estimated annual EBITDA ramps up from US$303M in Phase I to US$425M in Phase II: an average of US$340M.

Muinonen is very confident that RNC Minerals is well-positioned for when large strategic partners and operators come knocking on the door, as the +30-year LOM means that this project will produce through multiple nickel cycles.

Multiple EV Commodities In An Established Jurisdiction

The Feasibility Study states Dumont is the 2nd largest nickel reserve in the world, with 2.8Mt (6.1Blbs) contained nickel, and is the 9th largest cobalt reserve with 110,000t (243Mlbs) contained cobalt.

These are 2 EV-related commodities that have similar macro stories and fit into a coherent narrative. This makes the project easier to package and market. This diversification appears to de-risk the project, helping to avoid a reliance on a single commodity’s market conditions.

The project is located in the Abitibi region of Quebec, one of the world’s most reputable jurisdictions. This, again, de-risks the project.

Low-Cost Nickel Sulphide

Looking at the metallurgy of Dumont’s ore body, it is comprised of nickel sulphide, rather than nickel laterite.

Laterite ores require complex and extensive treatment: an extremely expensive HPAL process, whereas nickel can be extracted from sulfide ore by simple, cheap techniques, namely: pyrometallurgy.

Conversely, it should be noted that sulphide deposits are more expensive to find in comparison to nickel laterite deposits, because nickel sulphides are found deep in the earth’s crust. However, in the case of Dumont, this shouldn’t be a problem. Construction and operation of the mine and processing facilities could be made easier by the existence of excellent infrastructure, including roads, rail and access to low-cost power. It looks like a great setup economically.

The Feasibility Study places the initial CAPEX at US$1.0 billion. This no small figure, but for a project of this scale, it looks reasonable. In fact, the Dumont Nickel Sulfide project is in the low 2nd quartile of the cash cost curve.

Fully Funded Out Of Existing Cash Flow And JVs

RNC Minerals is currently churning out the cash, courtesy of its successful gold mining operations.

Adjusted earnings of US$13.7M for Q4/19 show just how far the company has come in record time. RNC Minerals has the cash to make things happen. We’ve already seen what having cash has allowed them to do. Expect more aggressive news soon.

In addition to the growing robustness of the company’s own cash situation, RNC Minerals is fully-funded at Dumont through to a DFS, FID, and construction, thanks to a JV with Waterton.

Fully Permitted

The Dumont Nickel Sulphide Project is ‘fully permitted’ and ‘construction ready’ courtesy of existing investment into the project. The Impacts and Benefits Agreement has been successfully negotiated with the local First Nation, and RNC Minerals appears to have avoided any of the typical hurdles mining companies have to face. This helps with costs and timing.

Bonuses

There are several additional optimisations that further transform the economics of Dumont for the better:

  1. Implementation of an autonomous truck fleet – This could increase efficiency and cut costs to a sizeable degree.
  2. Larger-scale initial project phase of 75ktpd – If RNC Minerals scales up this project from day 1, this will undoubtedly generate even more intrigue from nickel investors.
  3. Sale of magnetite by-product – Just like cobalt provides commodity diversification, magnetite does too. Magnetite has robust demand and monetising this by-product could make every metre of drilling much more profitable.
An open charging port on a dark grey electric car.

The last fact to remember, and this is perhaps the most important, is that the Dumont Nickel Sulphide Project is not even the primary focus of RNC Minerals anymore. The enormous potential upside is an undervalued and unappreciated nickel option that has yet to see any reflection in RNC Minerals’ share price. Should they consider spinning out the JV to get the market to recognise the value?

If retail investors are looking for exposure to the upside of the EV & battery revolution, RNC Minerals is definitely worthy of some attention.

Company Website: http://www.rncminerals.com/

If you see something in this article that you agree with, or even disagree with, please let us know in the comments below.

Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situations or needs. You should not rely on any advice and / or information contained in this website or via any digital Crux Investor communications. Before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.

The RNC Minerals Company Logo.

FPX Nickel Corp (TSX-V: FPX) – One Of The Largest Nickel Mines In Canada?

The FPX Nickel Corp. company logo.
FPX Nickel Corp
  • TSX-V: FPX
  • Shares Outstanding: 163M
  • Share price C$0.15 (14.04.2020)
  • Market Cap: C$25M

Crux Investor recently interviewed Martin Turenne. He is the President & CEO of nickel explorer, FPX Nickel Corp. (TSX-V:FPX).

For investors with foresight and patience, the EV revolution is something that is hard to ignore. Nickel will be at the heart of any such revolution, and Turenne hopes to capitalise on this and make shareholders money.

FPX Nickel’s exclusive focus is on developing the large-scale Decar Nickel District in central British Columbia. The district hosts the Baptiste deposit, which is currently at a PEA stage. FPX Nickel claims it has the potential to become ‘one of the largest nickel mines in Canada.’ This is exciting news, especially coming from a junior.

We’ve got plenty of detailed nickel-related articles on our platform, in addition to numerous nickel interviews. Nickel investors should check them out!

We discuss:

  1. Company Overview
  2. The Team at FPX Nickel
  3. Positioning in the Market
  4. The Project
  5. Cash Position
  6. Updating the PEA
  7. Investors and Their Concerns

Company Website: https://fpxnickel.com/

If you see something in this article that you agree with, or even disagree with, please let us know in the comments below.

Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situations or needs. You should not rely on any advice and / or information contained in this website or via any digital Crux Investor communications. Before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.

The FPX Nickel Corp. company logo.

RNC Minerals (TSX:RNX) – The Dumont Nickel-Cobalt Project: An Exciting Option?

The RNC Minerals Company Logo.
RNC Minerals
  • TSX: RNX
  • Shares Outstanding: 608M
  • Share price C$0.31 (31.03.2020)
  • Market Cap: C$185M

Fresh off the back of our uplifting interview with the CEO of gold producer RNC Minerals (TSX: RNX), Paul Huet, Crux Investor interviewed Johnna Muinonen, the President of Dumont Nickel (a subsidiary of RNC Minerals).

You may also want to check out our last update from Huet. We’ve covered RNC Minerals with detailed investigative articles for much of the last year. Make sure you check them out.

RNC Minerals investors have been focussing on the company’s strong, stable gold-production, but have they been overlooking one of the most exciting elements of the story? The Dumont Nickel-Cobalt Project could offer investors exposure to the EV revolution, as nickel and cobalt demand are projected to swell. RNC Minerals will look to monetise these assets once the time is right, and nickel and cobalt markets are favourable.

Cobalt has some ethical concerns, and a contributor has covered these in detail on this platform.

Investors will be clamoring for information about Dumont, and Muinonen was happy to oblige, providing Crux Investor with plenty of nickel nuances and cobalt considerations.

We Discuss:

  1. Overview of Dumont Nickel
  2. The Nickel Market: The Impact of Covid-19 and What’s to Come
  3. Positioning and Differentiating Dumont in the Market
  4. Greener Mining Solutions Being Applied at Dumont
  5. Timing on Monetising Dumont: The Ongoing Conversations
  6. Fully Financed: How Long Will the Money Last?
  7. Feasibility Study: The Highlights

Company Website: http://www.rncminerals.com/

If you see something in this article that you agree with, or even disagree with, please let us know in the comments below.

Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situations or needs. You should not rely on any advice and / or information contained in this website or via any digital Crux Investor communications. Before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.

The RNC Minerals Company Logo.

RNC Minerals (TSX: RNX) – Retail Investor Questions

The RNC Minerals Company Logo.
RNC Minerals
  • TSX: RNX
  • Shares Outstanding: 608M
  • Share price C$0.31 (31.03.2020)
  • Market Cap: C$185M

Several months ago, at the 121 Mining Conference in London, we interviewed Paul Huet; he’s the CEO of gold producer, RNC Minerals (TSX: RNX). Huet answered the questions that gold investors just keep asking.

You may want to check out our latest update from Huet. We’ve covered RNC Minerals with detailed investigative articles for much of the last year. Make sure you check them out.

In this brief interview, Huet clarifies some issues that gold investors found confusing in his last interview.

We Discuss:

  1. Ore Sorter: What is it, What it Does and How it Will Help Moving Forward
  2. Coarse Gold: How is it Processed?
  3. Commentary on Hedging
  4. Dealing with Shorting of Shares

Company Website: http://www.rncminerals.com/

If you see something in this article that you agree with, or even disagree with, please let us know in the comments below.

Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situations or needs. You should not rely on any advice and / or information contained in this website or via any digital Crux Investor communications. Before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.

The RNC Minerals Company Logo.

RNC Minerals (TSX:RNX) – Investor Questions Answered!

The RNC Minerals Company Logo.
RNC Minerals
  • TSX: RNX
  • Shares Outstanding: 608M
  • Share price C$0.31 (31.03.2020)
  • Market Cap: C$185M

A few months ago we conducted an interview with Paul Huet, the CEO of gold producer, RNC Minerals (TSX: RNX). He was keen to give us some quality time and answer questions put to him by retail investors. 

You may also want to check out our last update from Huet. We’ve covered RNC Minerals with detailed investigative articles for much of the last year. Make sure you check them out.

Huet got straight to the crux of the matter on a number of issues. Gold investors will like what they are hearing, but Huet now needs to push the share price up for investors; we think he will.

We Discuss:

  1. Why Sell Gold for Less Than the Spot Price?
  2. Coarse Gold: How to Process it, How Much is There and are They Holding it?
  3. Monthly Reports Have Not Changed into Annual Reports: Why?
  4. Getting Technical: Beta Hunt Zone A Drill Hole Update
  5. All About Nickel: What are They Doing With it and Can it be Monetised?

Company Website: http://www.rncminerals.com/

If you see something in this article that you agree with, or even disagree with, please let us know in the comments below.

Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situations or needs. You should not rely on any advice and / or information contained in this website or via any digital Crux Investor communications. Before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.

The RNC Minerals Company Logo.

RNC Minerals (TSX:RNX) – A Serious Opportunity?

The RNC Minerals Company Logo.
RNC Minerals
  • TSX: RNX
  • Shares Outstanding: 608M
  • Share price C$0.31 (31.03.2020)
  • Market Cap: C$185M

COVID-19 has negatively affected the share price of most companies. Even the historic safe haven of gold investment has suffered, with gold producers and gold explorers suffering universally.

We recently sat down with the CEO of gold producer RNC Minerals (TSX: RNX), Paul Huet. It was a candid, honest interview that should get gold investors feeling much more upbeat.

You may also want to check out our last update from Huet. We’ve covered RNC Minerals with detailed investigative articles for much of the last year. Make sure you check them out.

We took at look at RNC’s impressive Q4/19 results and discussed the fact that, very impressively, RNC Minerals’ 2020 guidance remains unchanged.

We Discuss:

  1. COVID-19: Its Impact On The Gold Price And Gold Companies
  2. Q4/19 Results: Encouraging Progress
  3. Delivering Results: Continuing To Impress With Robust Operations
  4. Getting The Share Price Back Up Where It Belongs

Company Website: http://www.rncminerals.com/

If you see something in this article that you agree with, or even disagree with, please let us know in the comments below.

Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situations or needs. You should not rely on any advice and / or information contained in this website or via any digital Crux Investor communications. Before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.

The RNC Minerals Company Logo.

Ardea Resources (ASX: ARL) – A Large Nickel Sulphide Play

The Ardea Resources company logo.
Ardea Resources Ltd
  • ASX: ARL
  • Shares Outstanding: 117M
  • Share price A$0.20 (19.03.2020)
  • Market Cap: A$23.5M

We recently interviewed Andrew Penkethman, CEO of Nickel Sulphide project developer, Ardea Resources (ASX: ARL)

Nickel is a space that has a great deal of potential. Nickel is a key battery metal behind the EV revolution that futuristic investors just can’t stop talking about.

Ardea Resources’ Kalgoorlie Nickel Project looks large and impressive. How does Penkethman plan to monetise this?

We’ve got plenty of detailed nickel-related articles on our platform, in addition to numerous nickel interviews. Nickel investors should check them out!

We discuss:

  1. The Promising Kalgoorlie Nickel Project
  2. The Future Of Nickel, In Light Of The EV Revolution
  3. The Ardea Resources Business Model

Company Website: https://ardearesources.com.au/

If you see something in this article that you agree with, or even disagree with, please let us know in the comments below.

Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situations or needs. You should not rely on any advice and / or information contained in this website or via any digital Crux Investor communications. Before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.

The Ardea Resources company logo.

The Volatile Nickel Market: How Can Investors Make Money?

Nickel is a commodity with volatility at its core, but investors just want to know how to navigate this and make themselves a tidy profit. We recently interviewed Mark Selby; he helped shed a light on this.

Why not read a different nickel article once you’ve finished with this one?

History Of The Nickel Market

Nickel has always been much more volatile than other base metals. It is a large market, but not relative to copper, zinc or aluminium.

Since the 1980s, Nickel has been regarded as a boom/bust metal that moves in giant super-cycles:

A nickel price chart from 1989 to 2019.
A chequered history…
Source: InfoMine

In the late 1960s, nickel reached the equivalent of US$50/lb (in today’s dollars).

Contextually, nickel was a hot topic at the time. Rising demand, driven primarily by the Vietnam War, in association with a shortage of supply caused by industrial action at one of Canada’s largest suppliers, Inco, tipped the supply-demand scale of nickel into massive shortages and kicked prices into overdrive.

 This, in turn, led to the Poseidon bubble: a stock market bubble in which the price of Australian mining shares skyrocketed towards the end of 1969 before they crashed in early 1970. The peak was generated by the discovery of a purported promising nickel deposit by ASX-listed nickel producer, Poseidon Nickel, in September of 1969.

While the official Rae Committee report cited trading malpractice as the reason behind this bubble, it serves as a reminder to investors that nickel and volatility have always been joined at the hip.

In the 1980s, nickel went through another supercycle as supply from the Soviet Union dropped off and a new wave of demand emerged from the Asian tigers at that time, Korea and Taiwan.  Unfortunately, the collapse of the Soviet Union in the 1990s led to a complete drop in demand from a country that had been a substantial consumer, which was then followed by the influx of mass quantities of scrap into the market, generated by the collapse.

The most recent nickel crash had ramifications that remain active today. It came off the back off a price rise to over $50,000/t in 2006, as demand globally and from China outstripped supply; traditional nickel industry participants were slow to respond. This led to world warehouse stocks of nickel falling to an extremely low level. Nickel really did lose ‘touch with industrial reality’ during this period, as warned by the biggest nickel producer in the world at the time, Jinchuan Group Ltd.

The Outlook for the future

A picture of a vehicle being charged at a very modern looking EV charging port with a graphical interface in a parking lot. A future EV car concept.
The hype around the EV revolution is growing more and more rapturous.

With a decade of underinvestment in new nickel supply, in addition to the increasingly prominent electric vehicle (EV) thematic, investors can look towards a possible super cycle in the early-to-mid 2020s.

Selby himself believes we have completed “leg one, of what will be three or four legs” in terms of price increase.

But what does the evidence say? Here are some of the current market conditions Selby claims can occur before the dawn of a supercycle:

  1. A period where investment is lacking. There are several large mining companies that own a number of leading nickel assets, but they have chosen to allocate capital to non-nickel projects over the last decade. The majority of existing production has shrunk.
  2. Many of the existing nickel mines are deep underground mines or larger scale processing plants, which means they would not be able to rapidly ramp up production within a 12-month timescale. It would take multiple years to develop them. Projects need to be approved, production needs to begin, then it needs to be ramped up. In many instances, this can take at least 5 years (from announcement to full production capacity). Selby gives several examples of this.
  3. Selby says there needs to be a surge of demand, similar to what was seen in the 1960s when Japanese industry increased nickel consumption exponentially, and the 1980s, when Korea and Taiwan were industrialising. In the 2020s, EVs are the source of price-discovery-related hope. A demand growth of 4% (slower than the 5% growth seen in recent years) and a reasonable forecast of EV demand, nickel supply lead to forecasts that place nickel use between 2018-2030 at a 782000t increase on the previous 12-year period.

Now investors know some of the history, they can make more educated investment decisions in the future. You now know what you’re looking for in the market. If you buy the nickel macro story, it’s time to get busy.

If you see something in this article that you agree with, or even disagree with, please let us know in the comments below.

Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situations or needs. You should not rely on any advice and / or information contained in this website or via any digital Crux Investor communications. Before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.

HPAL Plants & Nickel – The Facts

The case for nickel has been conveyed to the market well in the last few years. However, there are certain components of the nickel industry that are nebulous. In this series of articles, we seek to shine a light on the intricacies of a commodity with some of the most exciting projections around.

Feel free to check out some of our recent nickel-related interviews or one of our informative nickel-related articles.

HPAL  – What Is It?

High-Pressure Acid Leach (HPAL) is a process used to extract nickel and cobalt from laterite ore bodies. HPAL uses high temperatures, c. 255 degrees Celsius, elevated pressures, and sulfuric acid, which enables the process to separate both nickel and cobalt from the laterite ore.

A diagram of an HPAL extraction process.
Source: Caldera Engineering

Why Should I Care?

Investors should care for a variety of reasons. HPAL has numerous advantages over traditional leaching methods, chiefly of which is the significantly reduced timescale and largely increase percentage recovery rate; this is why it has become the most commonly used approach for leaching laterite ores containing nickel and cobalt.

That Sounds Great. So What’s The Catch?

HPAL is a much more complicated process to ramp up and operate than pyrometallurgical processes used to make nickel pig iron (NPI) or ferronickel.   Well, in terms of the logistics of an operational HPAL process, there isn’t one. HPAL is clearly the optimal solution for producers looking to get the best bang for their buck in the nickel space, but there are only a handful of successful HPAL operations globally:  Moa Bay in Cuba run by Sherritt, and the Coral Bay and Taganito operations in the Philippines operated by Sumitomo Metal Mining. Why?

Many HPAL plants have had massive cost overruns and have approached US$10 billion in costs: a multiple of their initial capital estimate.  Because of the challenges caused by trying to operate many plants at design capacity, unit operating costs also end up high in many instances. In a perpetual debate, it seems most industry experts claim a 30+ktpa HPAL plant can’t be constructed for any less than even the most conservative figure of US$1B, and that’s if things go well from the off. We recently interviewed widely heralded nickel market commentator, Mark Selby, and he reinforced this argument.

US$1Bn might seem a monstrous figure, but it’s actually quite optimistic. Taganito was constructed in the low-cost jurisdiction of the Philippines at a cost of ~$US 1.4 billion. Already, we’re looking at a scaled-up cost for companies who want to build in alternative regions, but we’re just getting started.

Taganito is only equipped to produce an intermediate product, which requires shipping to an existing refinery in Japan before going into the market. For a company to create an HPAL process capable of churning out the finished article, this would create another cost increase. Some unsuccessful HPAL plants have seen their CAPEX balloon to US$7-10Bn, courtesy of the difficult nature of optimising an HPAL process. One might think they’d have been better off not spending at all.

An HPAL flowsheet diagram
Source: Mascot Industrial

Lastly, there’s the complexity of the construction process itself. Because this technology is far from prevalent, it seems likely that issues could arise left, right and centre during the building process. Companies will need to source the right contractors, with the right experience, at the right price, and given the performance to date for many projects, this may be too risky for many investors.

The Big Problem

We’ve heard from the CEOs of some nickel companies in recent months, and without naming any names, several have touted a potential sub-US$1Bn HPAL plant as a near-term target for their business. This seems to be a worryingly common theme running through the industry and can mislead retail investors who perhaps appreciate the technical prowess of HPAL, without being fully informed of the cost.

To conclude, if nickel CEOs are telling you they can build an HPAL plant for some US$1Bn, they have a big question to confront: why do they have the capability to construct a plant better than market-leaders Sumitomo? We heard in the Horizonte Minerals investor call that they feel that it is possible with new technology, citing that the Sumitomo technology is 30-years old. Hopefully, they will expand on this and give clarity to the market.

If you see something in this article that you agree with, or even disagree with, please let us know in the comments below.

Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situations or needs. You should not rely on any advice and / or information contained in this website or via any digital Crux Investor communications. Before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.

RNC Minerals (TSX:RNX) – 9,620oz Gold In Dec/19! Movin’ On Up.

The RNC Minerals Company Logo.
RNC Minerals
  • TSX: RNX
  • Shares Outstanding: 607.8M
  • Share price C$0.43 (06.03.2020)
  • Market Cap: C$258M

We recently received an update from Paul Huet. He’s the CEO of RNC Minerals, overseeing perhaps our favourite turnaround story in 2019. RNC Minerals has turned from an unfocussed nickel explorer into a consistent, reliable gold producer.

We’ve covered RNC Minerals with detailed investigative articles for much of the last year. Make sure you check them out.

RNC Minerals delivered 9,620oz of gold in December 2019. This is a remarkable turnaround considering what Huet inherited.

We were interested in how Huet and his management team plan to keep this momentum going into 2020. Gold shows no signs of slowing down, but does RNC Minerals?

We Discuss:

  1. RNC’s Big Turnaround
  2. When Will The Share Price Follow?
  3. Keeping The Pedal To The Floor – What Is The Plan?
  4. Looking Forward To 2020
  5. The Gold Market

Company Website: http://www.rncminerals.com/

If you see something in this article that you agree with, or even disagree with, please let us know in the comments below.

Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situations or needs. You should not rely on any advice and / or information contained in this website or via any digital Crux Investor communications. Before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.

The RNC Minerals Company Logo.