Ann: Siviour Battery Anode Material Study Results, page-486

A hint of desperation from our western friends.

As a result of RNU's licensing agreement for the downstream process, it now positions it ripe for binding offtakes. After all, multinationals will like the fact that RNU are completely protected from any kind of litigation because they are using an 'alternative' process which belong to industry experts, ANZAPLAN. Who, also happen to be supporting a number of other graphite wannabes.

Therefore, it appears to me that some SHs in the west may have come to the realisation that they have nothing of real value and have put pressure on their management claims to please explain their precarious position.

It's hard to admit that you have an out-of-date process that no body wants. Because if it was any good, many graphite wannabes would be lining up to adopt their tech. Instead they are turning to the likes of ANZAPLAN who can readily and easily cater for industry needs. Mainly because they have their own facilities and know-how to advance flow sheets forward. Therefore, product qualification becomes easier as the relationship builds over many years.

The western patent was IMO always a retail marketing stunt. Designed to prop-up the fundamentally-flawed Kwinana business model that flopped. Nevertheless, to their credit, they took a risk to patent an overly broad process at a time when the industry was still finding its feet which was rightly rejected at first but then somehow mysteriously was accepted 6 months later. However, RNU caught out them out and now it appears that no body wants a second-rate process when you can have the best. Especially, one that offers water savings and eliminates extra processing risks.

Offtakes seem imminent!

AIMO, DYOR, GLTA(patient)H