Ann: Completion of Bulk Sample for PSG Demonstration Plant, page-9

Economics and business is just a giant game of cat and mouse.

The opportunity for RNU remains immense.

Take a look at the roads. Everyone you drive you see more and more EV’s and these people are the early adopters. The wider market isn’t there yet but they are getting closer and closer each day. Even using the space where I work. We have circa 80 in a corporate head office. There used to be one Tesla (owner by a die hard Musk fan)…. Now there are 5, plus 3 BYD’s, 2 Hyundais and 1 Cherry. In 12-18 months this will be double.

The home and commercial battery space is even earlier in its journey.

2025 will be a good year where we plant our feet in the dirt and move from “potential” to “actual”.