SYR syrah resources limited

Ann: Balama force majeure, page-53

  1. 1,383 Posts.
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    Biggest loser here is Australian Super and everyone who's superannuation is linked AusSuper. They have invested $450M but it turned out to be a dog shit. The fundamental has not changed and I was in impression that this is recovering but now this political saga started. The land dispute was ongoing and happens with every mine but seems like it seems like it got new fuel with opposition putting pressure.

    It will comeback but Balama production has to commence in 2025 as there is no alternative to graphite outside of China otherwise addition $150 US government funding will not support Vidalia.
 
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