I believe the updated BAM will be a very comprehensive...

I believe the updated BAM will be a very comprehensive document.
I believe that RNU will be looking to add significant size and scale to concentrate production throughout the Eyre and have the Bolivar PSG facility sufficiently large & scalable to allow for significant capacity expansion over time.
I think stage one will look to accommodate concentrate production from the maximum 1.65m tonne PEPR approval.
I expect PSG production from stage one will be dependent on the amount of concentrate produced from the downstream efficiency of converting the 1.65m tonne to concentrate. As we are aware, impressive efficiency gains have already been achieved, incremental productivity gains can be expected.

I believe that senior management and the board will be establishing the foundation to move to ANODE production over time.
At this stage, I believe POSCO are the most likely partner to progress this objective. What we have to give up and what we receive in return will be negotiated between the respective parties. I believe that we have are in a great position to negotiate a very favourable outcome for RNU.

I wouldn't be surprised if the new BAM is released before the July '23 deadline.
@TenX@Scarpa@Arnobay @Mallyrock





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