Ann: Equipment Trials Validate Downstream Purification Process, page-13

Great announcement!

The timing couldn't be better and the broader signs are here that maybe the idling is over.

The biggest banks in Australia have "quietly" lowered the interest rates they offer on term deposits during the past several days. As a result, a large amount of money that has been resting on the sidelines will be forced into the economy despite RBA rhetoric. This includes foreign anode players who are cashed up with government support. see Financial Review, 'Big banks pre-empt RBA move by cutting rates on term deposits'.

The global energy transition theme—from fossil fuels to metals for our energy needs—remains intact. So, maybe we don’t need to wait for Chinese artificially-controlled graphite price to rise. There is already a china and west price developing. Australia has an edge in that we are able to geopolitically solve supply-chain issues by providing supply stability that other countries are unable to. Therefore, it's hard to argue against RNU being the only advanced shovel-ready solution, plus eco-friendly, for PSG material and graphite concentrate mining to resolve problems.

Great place to be parked but maybe now the engine is on.

AIMO, DYOR, GLTA(patient)H