The Final Countdown, page-4

Let's GO!

I am BULLISH. Hopefully confirmed revenue for NRZ ticks the box for the big players to get skin in the game.

However, I recall being this excited for a BFS due to be released in December, only to go 4 months without news and then get told that it couldn't be released.... the latest announcement from NRZ said that the HoA is to be concluded by June 30th, but I wonder if they conveniently missed out a few words and actually meant that the exclusive negotiation period for the HoA is to be concluded by June 30th.

Whilst a missed deadline for an offtake agreement would disappoint shareholders, I don't believe it will slow down any progress in regard to Final BFS, FID, and Stage 2 of the project considering the recent strategic investment from our PARTNER Daelim.

Time to buy more...