Graphite does not understand basic math. At half production of 160k tons at low average price of $800 US, that equates to 1.8 million aussie. That times 10 multiple is 1.8 billion well in excess of market cap. Now in 2019 production will be 3.5 K tons indicating a market cap of twice the 1.8. With Spherical plant selling product at $2000K US, earnings multiple should be closer to 20 times. Play with that number!
SYR Price at posting:
$4.83 Sentiment: Buy Disclosure: Held
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