A very surprising move and maybe its right for the times. No doubt, the detail of this will be intriguing as it unfolds in the coming days and weeks.
According to one industry source, the concept might resemble the CBH model for grain, in which farmers received upfront payment for their produce, which was either sold right away or stored to earn the highest prices.
Since the White House has exempted critical minerals, the Albo government (should it win office again) may take the lead by permitting Renascor to begin mining before requiring offtake by purchasing material to stockpile for when the industry needs it. Given the obvious shortage that is coming in the US, Southeast Asia, and the EU's recent increased need to be self-sufficient in infrastructure and defense, it would be a wise move.
AIMO, DYOR GLTA(Patient)H
RNU Price at posting:
4.2¢ Sentiment: None Disclosure: Held
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