Cause its graphite. No one thinks this resource will ever be in such demand that its price will rise when accounting for supply and other different chemical mixes. We bought into a company whose resource price has collapsed while the costs to get it to market has skyrocketed. In other words, a dud. If you look at Renascors past years presentations, graphite is nowhere near where they had projected for 2026. No one has any confidence in that demand chart for any year they had predicted.
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