I think you are on the money ndp. I have been watching the trading going on for some time now and and it appears to me to be a game of refill. The ultimate aim of this game is for the player to cajole, frighten and mop up as many shares as possible. This type of play is sustained over a long period and has a psychological effect on all holders inclusive of myself.
I think out of all the new graphite companies currently on the ASX RNU is a standout with a lot more boxes ticked than many others and a very robust bank account to help it through the trough.
From what I have read, most western countries now fully realize how relying on China for all imports is folly and how important it is for their overall security to have supply systems that are consistent and reliable. Whilst this applies to all things , Australia is certainly top of the tree when it comes to securing critical minerals. That consistency and reliability must be uppermost in the thinking of both politicians and CEOs around the world I would think.
To all holders I would say stay the course.
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