SYR 8.16% 22.5¢ syrah resources limited

287m graphite intercept, page-40

  1. 22,517 Posts.
    lightbulb Created with Sketch. 821
    "Its just like a junior finding a monster DSO ironore resource"

    no its not thats the point

    theres only a market of 1.1 mt a year of graphite in TOTAL



    syr will be laughing all the way to the bank if they are the only ones with a monster high grade resource, if theres another company they will do well, If theres 3 or more they wont because the market will take over and they will undercut each other


    comparing graphite to iron ore or coal is wrong


    compare graphite to lithium or uranium, when the price is high evrybody starts finding it
 
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