RNU renascor resources limited

Nice story.There is plenty of media out there suggesting there...

  1. 2,462 Posts.
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    Nice story.

    There is plenty of media out there suggesting there are a number of EV supporters in the Republican ranks.

    The fin review yesterday spoke to this risk regarding Trump, but then acknowledged that the EV take up in the US in now gathering substantial momentum that they will likely be past the point of no return in the US to slow down EV take up by the time the election is complete.

    On a totally different topic that much of the Graphite commentary fails to recognise is that the depression in EV related inputs pricing is China manufactured. Why have they done this?

    China has successfully slowed to a grind the progression of almost every single graphite and lithium mine that was not already funded and in construction 18 months ago. By destabilising the entire sector by flooding these markets with cheap product they have mostly made all producers immediately unprofitable, making any funding impossible to achieve.

    However DC knows that RNU will be supplying product to the market outside of China, and that market needs reliable supply.
    That market will pay a premium for guarantee of supply, there in RNU will be able to be a price maker, and not a price taker accepting Chinas pricing.

    Just look at the agreement signed between Aust and Europe yesterday. The world needs the product, and very few can supply it.

    With funding assistance from the Aust Government, RNU will rise to become a major global supplier of both Graphite and PSG, feeding the massive demand coming from the global battery market.

    Well done to holders who have held strong and those that have capitalised on the SP weakness to add more to their holdings.

    10x
 
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