Is Goldman buying 5% on behalf a a client who may use it as a launching pad to a takeover?
hmmm. Interesting to consider.
Delay in quarterly reporting to 30th of October?
given Verners long time habit of procrastination and dithering, it is hardly a surprise. Most likely wants to get the DOE loan approval for Balama approved by then.
if a done deal and is released on that day or say before, share price should get a boost. I note short interest has risen back up to 12.80%.
loan approval from DOE should avert a liquidity crisis and buy Syrah a further 12 months time till they start production again. AAM plants could start to come online late 2025, and they need supplies of graphite. Then fire up the mine.
surprised no player has launched a takeover of Syrah at this price of 30 cents; or if not, taken a strategic stake of 10%.
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