SYR 2.22% 22.0¢ syrah resources limited

npv, page-16

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    gosouth,

    My comments are in the context of how SYR may get into production initially with the lowest capital and risk, this includes market risk by not smashing the graphite price.....My view is this will not involve the full ferrovanadium plant initially or alot of production into secondary markets. Think todays comments were more future looking once SYR entered production as expansion cases. Exiting stuff if the can sell into three markets at volume, bit suprised at low volume today given good update.
 
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