Fundamentally has anything actually changed with RNU since the Chinese announcement about Graphite restrictions Dec 1st which seemed to give the sector generally a very decent temporary bounce. I’ve seen one positive announcement come through about improved production capability and nothing at all negative. What I’m saying / asking is what’s changed and why is our SP being trashed other than negative sector sentiment / lower graphite prices / fear in the sector generally. If RNU was a good investment before then with all the de-risking that has been happening the last years surely at these prices RNU is a better risk / reward investment than ever before. I’ve destroyed my portfolio on this investment but still holding (as I’ve never seen a long term reason to sell) and considering to average down at these prices which don’t make a lot of sense considering all the positives and the supposed demand in the coming years.
RNU Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held
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