@TenX The cynic in me believes that the banks have no incentive...

@TenX The cynic in me believes that the banks have no incentive to accelerate the new-age economy because they are still substantially invested in the outdated economy (oil and coal) – stranded assets are inevitable. Hence, why multinationals backed by government incentives are replacing what the banks use to do. Until they work out what their value is to the supply chain, this is probably the way it needs to be. Although, crypto may finished them off before they can work it out.

With both Korean and Australian governments backing billions, and with IRA and EU incentives, David Christensen is amongst the Australian delegation in Korea with some interesting names in the room, including what looks like Darryl Cuzzubbo (Arafura Rare Earths CEO) closet to DC, Rowena Smith (Australian Strategic Materials, CEO) and others. I see that these discussion will continue to Melbourne next week and they must come to a head.

Also, looking forward to what our invigorated board are putting together. Deals must be imminent!

AIMO, DYOR GLTA(patient)H




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