59291519 linkEGR received $40million from the export finance mob...

59291519 link

EGR received $40million from the export finance mob on the condition that they successfully construct and commission a 5kt PSG plant and receive the permissions to upgrade the facility as well as show they have the received agreements for the sales of that expansion.

Looks like RNUs condition is completion of due diligence, approvals, documentation and FID.

Anyone want to wonder why they received less then a quarter of what we RNU did and is not conditional on us building and producing PSG before we can access the funds. Very smart of the export finance lot in my book.

I am not into bagging other companies and do hope EGR and all Aussie companies do well, but just wanted to show it’s not just us who think RNU have a much better chance of successfully producing PSG, the Australian government does also