Ann: Long Lead Time Procurement Commences for BAM Project, page-10

RNU must be confident that everything is lining up and FID will be favourable. To me this is as close to a FID we are going to get without RNU actually announcing the go ahead. Very positive news IMO and could potentially sneak under the radar due to non price sensitive announcement.

There is too many positive things happening and ongoing progression behind the scenes such as the hiring of Mr Bond (electrical engineer), plus other recent hirings to think this project will fall through.

Things may be moving slower than people expected but I believe things are definately moving. Probably better to take a bit more time and do things right with an increase of production in stage one than to continually re evaluate.

we have solid relationships with our MOU partners by the look of it, and I’m sure they have the intel on the updated BAM, things are lining up nicely.

if things weren’t looking favourable for RNU why would they be making these moves?

Looking promising folks