Ann: Strategic Cooperation Agreement with Mitsubishi Chemical, page-41

A few quick notes from this announcement -

1. ”Considering a commercial partnership to help facilitate the development of the BAM project” - With inflation costs rising over the last few years (highly likely to be a factor with the optimised BAM study) could this be an option to help fund the PSG plant at Bolivar without a heap of dilution through capital raises?

2. ”Potential purchase of Graphite Concentrates, PSG and OTHER Graphite Products” - Potentially the next step after PSG - Anode development? Anyone have any thoughts on this?

3. The last line which caught my eye was - “Our agreement with MC is a further significant step toward Renascor constructing, in Australia, the first integrated, in country mine and PSG operation outside China” - If RNU manage to do this, it will be huge and I imagine fairly exciting times for holders.

All IMO. GLTAH!