Great post Mally thanks for sharing. I agree that RNU has now...

Great post Mally thanks for sharing.

I agree that RNU has now almost entirely been derisked.

Now we need FID and the BOA that will see us move to production.

I recently reviewed the Top 100 to see whether there were any institutional investors that have started to build their position.

For now it seems it’s mostly retail on the register, but I will bet that is about to change as soon as FID is announced. The trust deed of most funds will restrict speculative investments. Some of the nominee holdings might be smaller funds or family offices but for now, no majors seem to be onboard.

Whilst we are not there yet it really feels close now. And once real insto buying arrives, we will easily see this fly past previous ATHs.

Well done to those that have maintained faith and continued to hold.

Happy weekend gang.

10x