Luckily for RNU, Graphite and Anodes aren't just saleable in EVs.
The EV hype maybe tempered in the coming years with the realization that current energy generation is insufficient as it stands to maintain suitable demand in that sector specifically. There just wont be enough base load power generation to keep all the EVs running at the end of the day.
Batteries themselves, those that require Graphite and Anodes wont be going anywhere anytime soon. Thus RNU will have a market to sell to long into the future, even if they don't end up in EVs.
So with all of that said, I am still confident in RNU and its model, regardless of what happens to EVs.
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9.8¢ |
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Mkt cap ! $249.0M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25900 | 9.8¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 100000 | 1 |
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