What an awful holding this has become, no escape from misery and management are 'DOING NOTHING' except producing quarterly report. A glimpse of hope where another Offtake agreement with Tier 1 (Ford/GM??) could happen imminently in US. Everything lies behind the US strategy on EV and November US outcome (whether Trump or someone else).
The Vidalia expansion is only way to secure AAM graphite outside of China. All other Graphite development TLG/NVX will struggle as increasing inflation may not help to built plant when already operational one are struggling with decreased demand. The share price and market capital $283 (USD 185M) has become joke with company that has $85M cash reserve, two operational plants outside of China.
SYR Price at posting:
27.0¢ Sentiment: None Disclosure: Held
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