Most commentators don’t believe this will persist.Once we sign confirmed offtakes we will be in the box seat.It will take a couple of years to construct and be in a position to sell.By this time it is expected that graphite prices will be on the up.Also new projects will be very expensive to get up.Who is going to want to buy from China going forward.Envoronmental concerns will kick in.It’s obviously going to take a lot more patience but I am hopeful this being a low cost project will get off the ground soon.
RNU Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
