Ann: A$185M Government Loan Approved for Upstream Graphite Mine, page-153

I am just a standard punter, but I see 3 possibilities. They are non necessarily mutually exclusive:
1. Further grant funding
2. Further access to conditional loans
3. Equity investment from POSCO &/or Hanwa/Mitsubishi


I believe that RNU and the Bolivar site have aspirations & the necessary foresight to not only make PSG, but in time coated PSG and eventually complete anodes.

If the Eyre Peninsula is the Pilbara of inground graphite, our Bolivar site could be a processing facility for other companies.

If our board and management team are successful, we will be a; miner, an advanced manufacturing company and a third-party contract manufacturer.

As I have said, I am a believer. RNU have a substantial opportunity - I believe this is a Nationally significant company in the making.

C74.