Let me get this straight…Some of you are upset that Syrah (SYR) isn’t running at full production capacity (350KT, ~$300M in revenue based on the recent ~$870/tonne price)?Instead, they are strategically operating in campaign mode optimising cost-efficiency while matching confirmed and anticipated demand. They already have offtake agreements in place and are positioning for the future. Isn’t that smart capital management?Some of you are frustrated with current pricing despite knowing that graphite prices are improving, especially ex-China?Some of you are impatient with the anti-dumping investigation, even though there’s a strong likelihood it will go against China with bipartisan U.S. political support for reducing mineral dependency?Some of you are ignoring the upside once graphite ramps up, Syrah could expand into vanadium, opening up another revenue stream?Yes, I get the skepticism. SYR hasn’t always delivered in the past. But I genuinely believe this is a golden period for Syrah. I held my conviction when the share price was 17c it’s already doubled. And I’m holding.Have patience. I see this heading towards $1.
SYR Price at posting:
38.5¢ Sentiment: Buy Disclosure: Held
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