General Discussions, page-23934

Theoretically, if the price is right, RNU could sell its 'high quality' graphite concentrates to whoever including China.

DC has made it known that they intend to sell raw material to 'anode makers' before they are up and running with the downstream PSG operation. This was also reinforced in the deal with Japan's Mitsubishi Chemical.

It makes logical sense to build momentum by selling feedstock before diverting it back into the high-tech PSG plant which will take the longest time to build.So, for the short to medium term pricing of PSG, it doesn't matter that they have softened, RNU will always survive in good and bad times because its core project (producing graphite concentrates) is capable of making good money when others can’t. Further, proving RNU's 'economies of scale' remains robust.

The growth in lithium demand can not be maintained without the counter balancing growth of anode material to support it. At a time when the incentive pricing for graphite to assist the multitude of lessor tier projects required to enter the marketplace and be viable hasn't yet eventuated. Therefore, when you add the benefits of going downstream to produce the higher the value PSG material, RNU has an attractive EV 'marketing' advantage for a number of multinationals seeking secure and 'traceable' supply from a sovereign-trusted country.

When you own a large resource and have all the necessary permits in place for the concentrates, the flexibility of RNU's business model is simple and clear.

An exciting end of month coming up? Could also be a trigger of much news flow too.

AIMO, DYOR GLTA(patient)H