Hmmmm, have you done an actual NPV-10 analysis on this stock? Do you understand what its Free cash flow is going to be? If you did, you would know that this stock is probably only worth approx. 60c fair value. It might get past this depending on graphite price increases and capacity increase but thats too far out to consider. So even if you averaged down to 15c you are looking at max a 4x on your investment on a VERY high risk stock. Not worth it there are far better plays out there. I bought millions of stock at an average price of 1c, which means at 60c I am making lie changing money thus its worth the risk for me.
This is the problem with people (no insult to you just a general observation) they buy stocks based on a hunch, not actual analysis.
Anyways good luck 4x is nothing to sneeze at hope you get it (which then means Im sailing on my own boat off the french riviera )
RNU Price at posting:
8.8¢ Sentiment: Hold Disclosure: Held
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