Agree with your post, to add to it. The best outcome for RNU is...

Agree with your post, to add to it. The best outcome for RNU is to sign up the smallest amount of binding agreements required to get funding, FID and a mine producing. That then allows the company to ride the wave of price fluctuation and capitalise on having material available to sell on an as needs basis. Any deal signed now will benefit the buyer as RNU are on our knees needing help to get on our feet.

50% binding and 50% non binding sounds like a sweet spot to me. allows us to shop around while still showing clear intent from customers to buy the product.

All this is on the basis that graphite price will rise, given carbon is a core part of every organism on earth I strongly doubt that we have found all the uses for graphite. To those excited about getting graphite into batteries, raise your eyes, that'll be small scale compared to where this mineral will be used. (Apologies that last paragraph got a little bit rampy)