I’m glad you raised the question as I don’t think it’s...

I’m glad you raised the question as I don’t think it’s understood why RNU is such a riskless and undervalued business proposition. Especially, as other wannabes bamboozle the market with riskier models and technology that could be superseded or worse simply 'out-marketed' – the reality of a dog eat dog world.

RNU's management were wise to realise early on their unique resource superior advantages. So they started talking directly to the end users, Anode companies. Hence, so-far 4 non-binding MOUs with the dominate force in the short to medium supply chain - Republic of Korea, Japan and China. They may not be household names but they are where it is at. It’s also fair to say that, north-east Asia will want to maintain their dominance for as long as possible and build on it. From DC’s recent presentation, even by 2030 China will still dominate. See the attached image.

However, once making profits it becomes a launching pad for further developments.

When you are blessed with the kind of resource we have plus being located in a Tier1 jurisdiction, you need to exercise a certain amount of humility. This is why I see our management are at their best. They are the right people to take us forward to production. See my recent post. Post #: 56082569

Exciting times!

DYOR, All IMO, GLTA(Patient)