Ann: Further Shallow, High-Grade Graphite from DFS Drilling, page-10

Another step forward, this is looking very positive in terms of the fundamentals. The market still not seeing value here though for whatever reason.
How this is still at a market cap of effectively $12M is insane. There's over $6M in cash and RNU looking into finance options which clearly the preference is via debt or some type of deal as part of a binding contract. Their two stage approach is a good one imo as it greatly reduces capital demand and allows them to establish a market base, in turn that will help fund stage 2.

I've seen other stocks like this before where I've held and held and couldn't understand why the SP was so low and then BANG it takes off and then you start asking why are people still buying when it becomes the opposite and over priced.
The catalyst for a real re rate to fair value can't be far off now....

I think 2019 will be RNU's year....