as bad as things are looking with COVID 19 now, I think if RNU are smart they could do very well if they maximise the opportunity that may come when things get back to normal. The Australian government is splashing cash everywhere now just to keep things alive, not for investment but surely investing in RNU will be a positive story.
Its very likely that the state government could support funding given the benefits this will bring to SA for jobs as well as royalties that will no doubt be paid to the government.
Globally countries will be looking to diversify and this project timing is perfect to lock in a binding contract or more that will then support funding and we will be off and running. Also good to see RNU thinking about Spherical graphite too.
I think the worst is yet to come economically, but fingers crossed RNU can minimise costs short term to get through this. Once COVID 19 is done I think RNU will look very different. DYOR
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