It is a little strange it is taking so long. We have MOU's on double our initial output plus more interested.
Let's hope the extra time is negotiating further downstream partnerships such as anode production. We know the ball is in our court so it is extremely important to play this last part well. In saying that there has been a lot of time to iron out these details.
An offtake negotiator was employed a few months or more back. Even back then I wondered why thinking surely this has been sorted already. Obviously not. The PLS-POSCO partnership has been a win-win, hopefully we get the same here.
RNU Price at posting:
14.3¢ Sentiment: Buy Disclosure: Held
