'The answer is "friend-shoring". If you can't produce it...

'The answer is "friend-shoring". If you can't produce it yourself, find a friendly country that can.'

Great quote. As a sovereign-trusted country, Australia’s raw materials offers a kind of insurance policy for continuous supply to the like-minded democratic powerhouses in Europe and the US.

The battery thematic discourse, acerbated by Putin’s miscalculations, has heightened the need to accelerate Australian projects, especially ones that happen to be at the pre-production stage like RNU. It’s no coincident that we have an Australian government currently travelling through the European region mending relationships and spouting agreeable messaging. Furthermore, we had DC recently providing RNU exposure at the biggest Lithium Supply & Raw Materials Conference held in the US.

As we go into this new fiscal financial year, with plenty of imminent news flow to come, be it regulatory, assay results, DFS optimised update, binding Offtakes, etc. RNU has all the momentum at the right time.

This is the benefit of backing an Australian-owned resource that aims to have a lowest cost of operation and high ESG credentials. Plus aided by startup funding of 185m was conditionally-secured by the previous government.

All the ducks seem to be aligning. Exciting times ahead!

All IMO, DYOR, GLTA(patient)H