Seems like most pure graphite plays are just plateauing at best and spiralling at worst.
Everyone was happy to invest everything into the new wave energy stocks but as time has gone on people are realising that it's even more volatile then a gold or copper play. That just by having the reserves doesn't guarantee anything despite the obvious demand for it in years to come.
RNU can be successful but it starts with the BOUs and then funding just like every other speculative miner. Just because the government will assist guarantees nothing.
I'm still bullish with RNU because they have a product that will be in great demand in years to come. That being said things can easily go pear shaped if management aren't decisive and don't deliver on schedule or the message changes.
CXO comes to mind.
Hopefully there is some good news ahead as it's been long time between drinks
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Mkt cap ! $254.1M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.0¢ | $216.5K | 2.134M |
Buyers (Bids)
No. | Vol. | Price($) |
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20 | 1467939 | 10.0¢ |
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Price($) | Vol. | No. |
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10.5¢ | 1864030 | 44 |
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3 | 205593 | 0.099 |
7 | 286571 | 0.098 |
9 | 432764 | 0.097 |
11 | 717030 | 0.096 |
Price($) | Vol. | No. |
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0.110 | 1485749 | 22 |
0.115 | 1050761 | 19 |
0.120 | 1594360 | 24 |
0.125 | 1338565 | 9 |
Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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