RNU renascor resources limited

Ann: In Principle Finance Support from Australian ECA, page-47

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    By the way do you understand what an ECA does? It's support is critical and if supports a project will result in financing as it can either directly lend, or lend utilizing a bank or subsudisr rates. Either way, as it is a government supported agency, any company with eca support , if finalized, will get financing.
    There are benefits and negatives but it us significant as unlike a developing nation which the ECA can be accused of political activism or other agenda, siviour is in a developed nation with low sovereign risk. It basically means they are viewing the potential source of PSG as significant. The aim here is to tie in with another source of Raw material critical to the EV.the most critical aspect of rnu is happening now - bulk samples of concentrate that can be processed to PSG with optimal process and one that can be repeated. IT IS THE REQUIREMENT TO VALiDATE THE SMALL SAMPLE SUCCESSFUL PROCESSING TO PSG. This is what is required to have a binding off take agrwement.
 
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