General Discussions, page-11403

Many seem to be scare of the sell down for illogical reasons. The selling is mainly induced by short selling rather than the economy. GS put out a negative report on lithium, in one week had their second highest short sell in history but was a net buyer. An open economy cannot be worse than a pandemic closed one which we just had. There are $1.2 trillion in savings and lowest employment, yet people are talking about collapse...crazy. Only one third have a mortgage, those that signed before covid got 2 years of discount, half of those that bought in the last two years are developers (people with money), take out property investors and not many are left. There're always people who take on mortgages that can't afford, in any economy. Interest rate is 3%, the average is around 7%.
Demand for energy storage is growing whether the economy like it or not. Graphite production will need to grow 600% by 2030 to meet demand.
RNU is less than $250m in value, at $3000/t × 150000t/ year = $450m. 1 year production is equal to 30c per share. With $80m in the bank, the company is not going broke. $185+$80= $265m available, equal to the market value. Short sellers do what they will, it's time to buy and hold, not sell. For many, fear takes over logic. The world cannot increase production by 600% in eight years without new mines.
For those that gambled on Bitcoin or other non backed digital currency, can't help you. How many have been made up? Put a dollar value on a cloud.