As an EV owner, the LFP chemistry is easier to live with day to day ie. Being able to consistently charge to 100% daily vs. 80-90% for NMC Batteries.
From a production perspective, cheaper to make as you have zero nickel or cobalt, it's a no brainer for OEM's.
I'm also glad there is more importance on the anode from a % perspective with a higher dependence on graphite. I really don't think the analysts have factored in the potential graphite shortage the world will be facing in a few years as EV numbers continue to multiply annually.
I think RNU are in a great space, Tier 1 jurisdiction, great time to be getting into production, just as the demand for graphite explodes in 1-2 years.
Thats my opinion anyway, based on the research I've done. As others have said this is a bottom draw stock To hold onto and top up when the opportunity comes up.
GLTA holders.
As an EV owner, the LFP chemistry is easier to live with day to...
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10.0¢ |
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Mkt cap ! $254.1M | |||
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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| Last updated 15.58pm 03/05/2024 ? | |||||
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