General Discussions, page-24425

Today, SYR announced that it has entered into a MOU with Samsung SDI.

This highlights how the multinationals are still making their moves. As the reality for OECD countries is that over-reliance on China has exposed vulnerabilities that need to be addressed sooner rather than later.

SYR also states that it is 'targeting readiness for a final investment decision (“FID”) on this further expansion project during the second half of 2023. Timing of a FID will be determined by customer and financing commitments, as well as consideration of equity market conditions.'

It appears that DC and SV are in a like for like situation. Both have released their battery studies. Both are prepped for growth. Both are positioned to capitalise. Both are first movers in these current market conditions.

The choices are very limited because if we can't make money, no one else can. Whether it's a combination of Aus-US-UK-EU alliances, Export Finance Australia, Clean Energy Finance Corporation (CEFC), further gov stimulus or Australian Super organisations, they all have our backs.

Located in a safe jurisdiction is turning out to be a blessing! Patience is key.

AIMO, DYOR, GLTA(patient)H