RNU renascor resources limited
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General Discussions, page-32883

  1. ndp_2010
    1,647 Posts.
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    18/12/24
    08:55
    Post #: 77097379
    depends if you believe the amount of supply needed.
    Currently China was going mental producing cheap graphite, burning through heap of electricity. This is supplying the world at the start of EV adoption. How many western synthetic factories are going to be needed to meet demand in future and how expensive are they to run. It will all come down to the price first imo. If natural graphite is x times cheaper, thats great. Sure there are alot of hoops to jump through to get a mine started, in addition to have a resource, I guess we are lucky that we have got alot of that done.
    I would be much more worried if we were 1) in Africa, 2) had a high cost ore body. As it stands, RNU has some good things going for it still (imo)
    RNU Price at posting: 5.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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