What a frustrating holding this has become, when I thought SP was recovering with shorts leaving SYR door, I thought more sustainable news to follow considering Balama is already announced for production and Tesla qualification completed by 30 May. The Balama plant as I hear from locals at Pemba that it is gearing for production.
The Tesla debacle is never-ending but why Tesla has delayed qualification is never understanding. The current tariff on China' Graphite is non-sustainable however no one is buying US graphite. I don't why we had a run from 19C to 42C but the shorts are still around 5 which is good. The production will resume sooner than later so keep finger crossed .
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