General Discussions, page-19749

I think what we'll see in the updated BAM study is that Capex has increased significantly, and RNU may be in discussions with offtakers regarding deals that can help RNU progress with the PSG operation reasonably shortly after the flake graphite mine is developed. I expect costs to go up significantly (look at what occured with LTR, and RNU's year 2020 previous cost estimate is much older than LTR's was). I'm keeping cash in the kitty in case there's an overreaction, just like there was to LTR's announcement.

There isn't a graphite company I've come across that I'd rather be invested in. Very keen to see 2023 play out for RNU.