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Bishkek2017

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29/04/24

17:29

Post #: 73564527
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Originally posted by Mallyrock ↑

A number of significant remarks coming from DC. In particularly, the statement on ‘differential pricing’ is interesting.

"Downstream participants are also aware that the current situation is not tenable, and we are starting to see movement on their side, including differential pricing."

Then, DC goes on to say the following:

"As we move forward, I would expect even more pressure from governments to promote ex-China supply chains, whether through subsidies (grants and loans), enforcement of tariffs or requirements for non-China supply."

It doesn't appear that China's ability to operate at "negative margins" will be stopped by the present initiatives like the IRA and its 25% export charge. So, it now appears to me that their is more pressure on OECD governments to establish and fast-track a scenario where everything will be more equal for all. This goal will completely transform supply chains, and I'm thinking that the Australian government's May budget will provide a solution that the rest of the world is craving for. We are a resource-rich, secure, prosperous nation with a stable tax base, making us ideally place to provide a 'true-blue' geopolitical solution that no one else can.

Therefore, my guess is that the upcoming May Budget will provide us with access to 'super grants' and maybe more low-interest loans which will provide 'downstream participants' a bonafide Aussie choice and FOMO.

The over-reliance on the low-cost graphite supply from China is ending.

Meanwhile, let's see what this week has in store.

AIMO, DYOR GLTA(patient)H

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An article about the increase of sales of EVs according to the International Energy Agency.
Bodes well for companies like RNU that are shovel ready to supply graphite products to ensure EV manufacturers have continuity of supply for this increase of EV sales.

Be patient, I'm sure it wont be too much longer to see RNU sign on with a reputable EV battery producer or direct EV manufacturer. RNU has the financial backup to stay the course for a while yet and choose a future partner that will be positive for both parties.

https://edition.cnn.com/2024/04/23/cars/electric-vehicle-sales-forecast-iea/index.html

RNU Price at posting: 9.8¢ Sentiment: Buy Disclosure: Held
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General Discussions, page-29601

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General Discussions, page-29601

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QMines jumps +4.6% on drill hits boasting high copper grades

Legacy hits high-grade gold, silver and copper through drilling at NSW's Bauloora

QX Resources increases US lithium footprint with key agreements

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SkyCity jumps 2% after copping A$3.6M fine from NZ High Court – far below AUSTRAC's fine

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