Elephant in the room is Balaga - we are a producer with over 50 years of mine life and 350kt per year of graphite concentrate production capability.
I own another graphite stock with a large resource (I consider still a spec) in Aus but nowhere near SYR. People need to understand that Mozambique is the second-largest graphite concentrate producer after China. This is such a critical mineral for EV growth globally, especially in the US and EU.
Tesla deal is a huge milestone and approval of SYR management, Balama resource, and production capability.
On the back of this deal, getting a strategic investment should be much easier.
Looking forward to the next quarterly - if SYR is cash positive then we will be looking at a significant re-rate.
SYR Price at posting:
$1.76 Sentiment: Buy Disclosure: Held
(20min delay)