ATM they are reliant on dirty expensive synthetic graphite and are subsidising the production cost to prevent competition. This cannot continue indefinitely.
The real cost of synthetic graphite exceeds the costs RNU expect.
Once this car manufacturing war is won by China things will normalise and like iron ore China will use Australia as a stable reliable provider of raw materials.
We then add cream to the deal by selling PSG into the US and EU markets.
All imo of course.
RNU Price at posting:
5.7¢ Sentiment: None Disclosure: Held
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