Ann: Syrah Signs Offtake Agreement with Marubeni, page-11

I said sometime back that there are 3 main positives I find in SYR – management, cash position and insto support.

SYR has utilized each of these so very well – good management have been able to quietly convince the instos to support the company all the way to production and beyond; SYR has used insto support to get good cash balance (200 million CR) and finally used its good cash balance to get security so that they can focus on other stuff.....stuff like this

Full credit to your great team of Tolga, Askew and others and I admire the way they slowly and steadily just keep delivering and delivering and have taken this company from its humble beginnings into a billion dollar company.

I guess this latest announcement explains why SYR was managing to hold on and steadily rise all through last month.

Good luck and cheers.