RNU - Fundamental Value Question, page-10

I'm somewhat shocked by the defensiveness on this forum. My questions are legitimate questions and in no way attempting to down ramp RNU.

Yes I have invested in SFX, and am very happy with this investment given my entry point but admit the timeframes have been frustrating. In my view it still represents an excellent deep value play. In fact, it was some of the similarities between SFX and RNU that originally generated my interest in RNU a few months ago when I asked my initial questions in relation to comparisons to other graphite stocks and received very helpful responses from you @bombersmadd.

At the time I liked that RNU appeared to be a tier 1 project, in a tier 1 jurisdiction (same as SFX) and had initial conditional funding support from the federal govt with EFA (same as SFX with NAIF funding). These all ticked boxes major for me. On top of that RNU had a far 'sexier' commodity being related to the battery theme compared to what I admit is a rather boring commodity (mineral sands) at SFX (complicated commodity to be involved in I now know).

I did buy stock in RNU at about $0.22 back when I previously posted, because I also liked the fact that insto's had invested $65m at $0.27 in recent placement. But unfortunately the stock fell back to lows of $0.135 soon after my purchase during the June sell-off. When it recently jumped back to my cost price I decided to sell liquidate and reassess but try and gain a better understanding of the value of the project before making a more significant investment, hence my legitimate questions that seem to have riled many RNU supporters which certainly was not my intention.

I left a message for David Christensen to contact me about 4 weeks ago to discuss some of these issues but have not received a response from the Company. I then thought this forum may be a valid place to seek out information, particularly given the informative responses I received from some posters back before. It appears I may have been incorrect in this assumption.