Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-38

here's a crazy idea

what are the odds of ran tapping into the $40m queensland recycling modernisation fund and accelerating setting up pallet operations in australia.

would require a level of co-investment (with funds we dont have) but maybe an opportunity for a nice little joint venture, ran providing the smarts with the other party stumping up some cash.

cant imagine oz based management just sitting around picking thier noses nor that ran invested in the townsville plant to simply roll ouy a few fence pailings.

obviously the maths for a local operation would be fundamentally different but also expect that local demand for what ran is offering would also he higher (along with their willingnessnto pay)


https://www.statedevelopment.qld.gov.au/industry/priority-industries/resource-recovery/queensland-recycling-modernisation-fund

..... otherwise we sit and wait for hopefully another positive next quarterly.

gltah

the w