Syrah Resources is the ONLY natural graphite miner ex China that can supply IRA compliant Anode Material into USA battery manufacturers.
China literally cannot flood “the market” because the USA does not accept Chinese sourced Graphite. It really is that simple.
As to funding - fully underwritten pro-rata entitlement.
If I wasn’t already invested I’d be snapping them up at around 55c per share on Friday.
DYOR IMO
Ann: Kathleen Valley Debt Facility, page-150
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