Hi @Ignattious
My take is the decline in share price is due to many factors. The Chinese government manipulations of various critical mineral supplies, the associated change in perception and sentiment towards the minerals sector, the global financial recession and the domestic pressures on retail investors will all be contributing.
Giving me confidence in RNU is every anouncement over the last 2 years which tell me this company is taking a very careful, considered, cautious approach to design, build and future operaton and production.
The fact that POSCO and Hanwa supported the recent grant application for the PSG demonstration facility tells me that DC and RNU are in continued discussions with offtake partners which will follow once this box is ticked and we progress further towards mine construction etc.
Rome wasn't built in a day, Siviour will not be either.
I share the frustrations of all as I am DEEPLY in the red (or brown stuff) with this investment currently... but that doesn't matter as I never, ever had the intention of selling a single share for under $1.50 each - so - In the meantime I will just sit back and ignore the noise.
Patience is a virtue in the minerals sector.
GLTAH DYOR
Regards
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