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TongTong

228 Posts.

22

14/06/24

22:27

Post #: 74326211
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Originally posted by TenX: ↑

You are welcome to take from that as little or as much as you like.

If you are not sleeping well perhaps you should consider exiting while you still have something you can put into a term deposit that will then allow you to really sleep at night.

DC was addressing a few points I raised in my email to him, one of which was around the risk of the Chinese continuing to keep the graphite price low. Which could lead to us delaying our progress until prices recover.

"Besides the Chinese uncertainty, we have an additional wildcard – public policy to encourage non-Chinese supply. This works in our favour and may provide the means for us to balance the risks on Chinese price volatility."

To name public policy as our "wildcard", to balance the risk of China continuing to depress prices....was a clever answer (spoken like a true lawyer hey).

What do people think?

Is he referring to the western government policies of tariffs against Chinese product/IRA/et al..... OR specifically the policy announcements of our Australian government with their Future Made in Australia/Critical Minerals Strategy?

10x

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Wow thank you for your permission and concern for my sleep. That's really thoughtful of you Ten.

RNU Price at posting: 8.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.9¢		Change 0.001(1.14%)		Mkt cap ! $226.2M

Open	High	Low	Value	Volume
8.8¢	9.1¢	8.8¢	$57.84K	642.4K

Buyers (Bids)

No.	Vol.	Price($)
3	102110	8.9¢

Sellers (Offers)

Price($)	Vol.	No.
9.0¢	72239	5

View Market Depth

No.	Vol.	Price($)
3	102110	0.089
4	160715	0.087
4	167766	0.086
4	179823	0.085
3	337000	0.084

Price($)	Vol.	No.
0.090	72239	5
0.091	236769	5
0.092	115631	3
0.093	73805	3
0.094	10262	1

Last trade - 13.09pm 18/09/2024 (20 minute delay)

RNU (ASX) Chart