I have doubled my holding yesterday when it dipped at 12.5C. Reason - with WV's recent announcement to go big in the EV segment, RNU as a part of the European Battery Alliance, has a strong competitive advantage in purified spherical graphite (PSG) which is a critical minerals for the battery production. RNU's Siviour Graphite deposit is the world's second largest graphite reserve of graphite and among the world's lowest cost sources of anode materials. Further, RNU has a strong support from the Australian govt and it has been selected as the 'Australian Critical Mineral Project'. This will help RNU to enter in market like 'Quad', in addition to other part of Asia and Europe.
Anyone interested in knowing more about the company, just read the last few announcements by RNU and read about the EV industry updates across the world. Connect the dots... RNU is here to stay for the long run. Do your own research before getting deviated by some random comments ramping down on HC.
Good luck to all the holders and to those who trying to get in early
Cheers, CM
RNU Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
