Keith I think JRS is saying PLS was trading at nearly $5.50. Having said that in 2014 and 2016 SYR was trading above $5. I do not know what the company conditions were back then that allowed that or what the price of graphite was. While SYR is one of the few ex-China source, that will only allow for a limited premium. Its not like SYR can ask for twice the price unless China actually turns off the tap in some sort of trade war. (Bring on the trade war). I do not know what type of bright folks we have in this forum but has anyone actually identified what graphite price increase is necessary for Balama to be brought to full production and for the company to be in the black? I should have asked that at the quarterly.
SYR Price at posting:
44.5¢ Sentiment: Hold Disclosure: Held
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