Thanks for that 'recall' article. It's interesting how Macquarie got it so wrong with SYR and why RNU with its cash-positive situation is poised to benefit.
Presently, the only certainty is that the fiercely competitive large brands are fighting (building and developing behind the scenes) for market share because multiple OECD nations now have clear government-driven incentives. Pick me! Pick me! No, pick me!
Because of this 'created' commercial environment the tsunami of choice is coming and as a result, tier 1 projects located in tier1 jurisdictions like the Siviour Project are at the top of the development queue. But as the article came out before Syrah's dramatic cut back on its graphite concentrates production it will be interesting to know what Macquarie now thinks of the situation. As they state that “The key differentiator for SYR is being already in production …’
In retrospect, that has turned out to be a negative for SYR. On the other hand, RNU remains cash positive.
What we do know is that the macroeconomic scenario is for like-minded OECD nations to build an energy security block and this does take time. Since the collapse of our global supply chains and energy needs is irreversible (thanks to CV19 and a guy called pootin), we must rapidly assemble and spread EV growth on a monumental scale. There's no going back now unless you want to support his cause. See refuel, you might be helping Russia article.
RNU still remains a great place to be parked!
AIMO, DYOR GLTA(patient)H
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