General Discussions, page-23801

I did see that, that’s what I like to see, and reassuring, I also saw the US department of defence $37M grant to graphite one, which is another positive.

I’m hoping in time things will play out positively, and RNU is in the box seat. But hearing “favourable market conditions” over and over again, then watching the opposite play out is a little annoying. I know it’s a very opaque market and there’s not much else to do other than wait it out and hopefully watch the supply deficit come to fruition and push graphite prices higher, it all makes sense and is pointing to that, but I spose we will wait and watch. With the projected graphite demand vs supply forecasts, EV uptake and how long it takes to bring a mine online, one would think that there has to be a bit of a deficit, and that we are in a great position with cash in bank, permits etc. also because graphite is used not only in EV’s but will continue to be used in the steel industry, so couple that with EV uptake.

I also think supplying the US friendly trade country’s is a big positive for us, and producing in a US friendly trade country (domestic) as well should be very beneficial, a reliable, quality resource in a tier one mining jurisdiction with good trade relations with South Korea, Japan etc.