As much as I'd like to see the sp triple what it is, it's hard in this market driven by sentiment and so much FUD to imo, wrangle shares off retail, while the big boys clean up at the bottom here.
In terms of graphite out of Africa, still can be unstable and also not the best ESG credentials in many cases. Has a bad rep, even if there are quality companies operating out of Africa, the stigma is there.
Imo there will be plenty of producers looking to have premium 'green' product that is sourced in a responsible way. And they (imo) will be willing to pay a premium. That is where I think RNU has the advantage.
Lots of unease here around off takes. I remeber a similar feeling with a certain lithium company prior to them sighing some quality off takes. Things take time, the I think anode makers are yet to feel the heat, especially if auto makers start their own battery operations. Just my 2c
(20min delay)