If you ran a company of that size, would you bet the future operation of your business that they will change a law in 2 years time to extend it?
Or would you try to secure contracts for essential minerals that keep your company running while still available and before the inevitable price squeeze?
IMO I see graphite prices moving up going forward, as China increases is consumption, they will need to sell at higher prices for exports to continue, until they reach a critical point and start turning off the tap. I know it's not that simple, as a lot of moving parts & players, but the IRA is black and white(ish).
Secure contracts for the future now while the goings good, or just ignore it to save a few bucks now, and risk paying a premium or being left high and dry later?
RNU Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
