The big breakthrough from this weekends G20 summit was on 'renewables'. The final text includes a commitment to “pursue and encourage efforts to triple renewable energy capacity” by 2030.
This is fantastic news for our construction-ready project. Advocating for a faster path way to sustainable growth is setting up the global economic landscape for a multitude of EV manufacturers to pressure their suppliers, including Anode makers, to deliver sooner rather than later.
So unlike other graphite players that seem to have gone too early, RNU's management have been extremely prudent to not commit funds until the time is right. Even though, we have the regulatory approvals, affirmative BAM study and the finance for them to make a Final Investment Decision (FID) right now. Their patience may turn out to be a masterstroke.
Our time seems imminent.
AIMO, DYOR GLTA(patient)H
The big breakthrough from this weekends G20 summit was on...
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