Unfortunately, treading water is what a lot of the local SP's are doing in the graphite space. You get an occasional blip but not much to write about. TLG, SGA, SYR, IG6, LML, LEL, KNG, RNU are all pretty much lane locked from the looks of things. SVM has moved a bit but no-one has really broken out.
I think patience is needed in this segment though. Batteries aren't the only place a need for graphite is forecast to grow. We need more mines and processing. Its just a matter of who get's the early lead and capitalises.
RNU Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
