Yeah right, you're forgetting one thing, the market is NEVER...

Yeah right, you're forgetting one thing, the market is NEVER wrong. The market thinks RNU stinks - that is a cold hard fact, not my opinion.

Yes you are correct at the moment, however the market will one day think RNU doesn't stink and the market is never wrong!!!!
Its all about the timeline in the market.

The beauty of RNU

1.is its cash position. ($108,000,000 in the bank)

2. A fantastic ore body with a low strip ratio because it has a horizontal ore body ( rare for graphite deposits).

3. It is in an excellent country with a wealth of mining and processing knowledge and the rule of law.

4. Has acquired most of the required permits and licences.

5. Has excellent technology to downstream process the concentrate to PSG

6 A government loan of $185,000,000 for project development.

7. An energy revolution occurring , one that will only increase in volume. (the WA government is giving subsidies to people investing in a home battery).

8. Due to item 7 , Graphite (PSG ) for housing and vehicles will be required in exponential numbers in the future.

9. There are not too many junior mining companies on the ASX that could match what RNU have either financially or project wise.

Be patient and stay the course and don't heed what all these armchair CEO's are saying. They know as much as the rest of us and should wait for RNU announcements are made.
Slow and steady will win the race.