I agree @remirez. Do we believe that Syrah will ever go back on track?
Due to Mozambique's unpredictable tropical climate, there will be variable weather which has recently hampered production in the past and now its civil upheaval, let alone BS graphite prices.
A far cry from the way the Democratic Party in the United States is ceding power. Since Daniel Chapo was elected president of Mozambique by the ruling Frelimo party with over 70% of the vote, there have been scores of civilian deaths and injuries. This week, the leader of the opposition PODEMOS party, Venancio Mondlane, has called for even more demonstrations against the election results from October 9.
For round-the-clock production, such as iron ore businesses (130 years), temperate climates such as the Eyre Peninsula are ideal. Plus you get a stable environment in a mining jurisdiction with minimal-to-no sovereign risk.
Our potential offtake partners don't have much choice around the world. FOMO is with them.
AIMO, DYOR GLTA(patient)H
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