Ann: Half Yearly Report and Accounts, page-19

Fortunately, RNU hasn't committed any funds, otherwise, it would require bailout assistance, much like SYR.

Instead, we are able to generate enough revenue to meet our costs and turn a modest profit because the Board has the wisdom to hold back. Therefore, while the exChina supply chain is being created with our material in mind for new material supply, we can afford to wait for the exChina anode players to wean themselves off of the inexpensive (BS priced), unsustainable, and ecologically hazardous Chinese material.

All that needs to happen is time. However, recent offtakes show that supply is running thin, providing clear indications of concerns.

Furthermore, since the federal government decided to fund ARU's Nolan project to the extent that they have and our support loan was granted in an environment with minimal inflation, similar support matirx might also apply to us. Also, its possible US Import-Export Bank funds which Madeleine King expects to come our way may have a part to play.

FOMO remains with the anode makers.

AIMO, DYOR, GLTA(patient)H