General Discussions, page-127

Should Renascor be taking rain checks?

As we ponder the imminent possibility that another agreement with a top Anode Maker will materialise. It does raise the question, based on RNU's increased inbound enquiries over the last two quarters, at what point does Renascor simply say to them, sorry we’re all full up?

Consider it from an Anode Maker’s perspective – when you’re one of the biggest, you want to stay one of the biggest. Especially in any expanded production capacity that we know many are considering, uninterrupted and secure supply is critical which only a handful of projects around the world can truely offer as a longterm commitment in a post CV19 environment. Furthermore, consider that most of these projects lack of ESG credentials and it reduces significantly – a sticking point for them as the world investing community and our leaders turn the screws on what it really means to be green, clean and socially responsible.

Not only will any additional Offtake agreement be a big green light to Siviour’s capabilities and capacity to supply and perform on the world stage from the industry, it will also validate that Renascor’s deliberations amongst the best Anode Maker’s in the world is highly prized and competitive.

It’s a nice problem to have but not so great if you’re one of the other Anode Makers left behind. Unless, Renascor considers rain checks.

Exciting times! DYOR GLTA(Patient)H