Yes 100%, a few facts mixed up with a load of nonsense to create a plausible sounding negative narrative.
Some of my thoughts
What is happening in Africa is irrelevant to RNU
PSG and concentrate price right now is irrelevant to RNU long term profitability, the very earliest we will be selling concentrate is Q4 next year and PSG Q4 the year after. The price at that point is what matters. Noting if the price of graphite does stabilise and recover it will impact our share price.
The 2019 BAM and all the numbers in it are irrelevant, wait for the July 2023 BAM, then start talking about numbers
Things that do matter
Drilling Assay results, due THIS month
Updated BAM due NEXT month
RNU Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
