I am long term holder averaged at 2.9 cents and holding life changing amount of shares. I lost around 60 PC on prepare in 2019-early 2020 but what kept me to believe in RNU was the uniqueness of this project and the fact that China's monopoly of PSG. Chinese government has proven that they can disrupt supply chain with overnight decisions such as they did with Steel production a couple of months ago. so having a PSG downstream plant outside of China in a safe jurisdiction like Aus, would be the winner card. The time that I got this idea I added 1m shares at 1cent to my holding and kept accumulating since then.
my next RNU is HIO, magnetite irone in NSW. I came to this stock through a friend and I used same analogy I did for RNU; uniqueness of the product, industry movement factors (carbon reduction and Green steel) and management experience.
good luck!
AMO.
RNU Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
