General Discussions, page-65

I’m not saying there isn’t blue skies ahead.
But their cap raise only covers operational expenditure. They still require capital to fund/finance the project.

and you highlight my point exactly, the carnding project has several near surface prospects. They do not have a JORC resource.. it’s taken RNU what, 4-5 years so far to commercialise their graphite resource and its still 2ish years away from production... you’re conflating a speculative deposit half a decade away from commercialisation into a billion dollar asset. It’s complete incorrect.

RNU has incredible growth potential, and has been majorly de-risked, it’s a real bet the house type play. And I’d love for all shareholders’ sake that it hit 1-2 in a year or two, but it’s nothing more then daydreaming, it cannot and will not happen until large scale commercial production and revenue of occuring... and there are numerous catalysts from current trajectory that would have to occur for that to be in the realm of possibility.

GLTAH