They are still in campaign mode and are not producing in any meaningful volume.
Sadly, this will remain in place for the next 3 to 6 months.
wider economic issues at play here too. World economy slowing with rising interest rates trying to stamp out inflation. US election too is causing uncertainty over policy.
i really hope Syrah gets taken over. Australian Super now owns 30% which is very high. They may be looking to offload some of that. Why not a joint. Why not a joint venture partner. Buy 10% of Syrah (off Aust. Super) and an
offtake agreement for say 40,000 tonnes a year of natural graphite. That could give the share price a kick along.
realistically, we need China to reduce producing synthetic graphite and close a few graphite mines of their own.
(20min delay)