SYR 2.04% 24.0¢ syrah resources limited

Ann: December 2023 Quarterly Activities and Cashflow Report, page-25

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  1. 1,213 Posts.
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    I like the report as outlook looks quite promising. Let the shorters do what they do but I reckon they will start covering from here. My uptake from the quarterly are:

    • The report negates a need for CR with $85M cash in hand
    • AAM production from February 2024 to begin product qualification toward commercial AAM sales will further strengthen financial book keeping
    • The Chinese export ban is favourable to SYR, particularly to Balama production and alternative to Chinese graphite can be only met from SYR as others (TLG or NVX) are no where near production ready
    • The expansion of Vidalia to 45 kpta is on track, with 11 kpta ready and sales starts in weeks
    • A big off-take agreement is happening and could be announced as early as mid-March and possible full scale production from Balama

    I'm assured that my investment will generate a good return in months.
    Last edited by ExtraPace: 31/01/24
 
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