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Duramax

7,261 Posts.

664

11/04/22

19:15

Post #: 60791232
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Originally posted by Stantons6497: ↑

I took the plunge and bought a Tesla today (9 month wait). The salesman said they were selling c.200 Tesla vehicles a day and that trend is increasing. I have a longstanding theory that because Lithium Battery's are called what they are, naturally the Lithium stocks get pumped pretty well - in particular by individuals who don't understand the composition of what makes up a Lithium battery. I asked the salesman what materials go into a lithium battery and he didn't have a clue and resorted to 'Lithium'.

I think part of the challenge is the awareness / education of the construct of an EV battery and secondly the lack of an exchange. The lack of an exchange doesn't allow the media to create the hype of what they are doing with Lithium but I think it's only a matter of time before the graphite story (high usage and deficit) becomes main stream issues that will see a lot more allocation of investment to this important commodity.

I like the coiled spring analogy - once some of these de-risking events occur across both RNU and industry participants, I think this will go a long way in raising the Graphite profile.

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are the Australian delivered ones from china or USA ?

RNU Price at posting: 30.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 9.2¢		Change -0.008(8.00%)		Mkt cap ! $241.4M

Open	High	Low	Value	Volume
9.9¢	9.9¢	9.2¢	$391.7K	4.128M

Buyers (Bids)

No.	Vol.	Price($)
8	184942	9.2¢

Sellers (Offers)

Price($)	Vol.	No.
9.3¢	76716	2

View Market Depth

No.	Vol.	Price($)
3	16879	0.093
6	168929	0.092
5	222445	0.091
9	119211	0.090
2	21235	0.089

Price($)	Vol.	No.
0.094	103140	3
0.095	152112	3
0.096	62123	3
0.097	12823	1
0.098	12823	1

Last trade - 13.36pm 04/09/2024 (20 minute delay)

RNU (ASX) Chart