no not a day trader. Read the report. It’s in black and white. What do we know that is factual? 1. Campaign mode will continue. Fact. 2. Graphite prices are still rubbish. Graphite prices at these prices were causing SYR quarterly losses and the need to keep doing capital raises. Fact 3. The petition to raise graphite tariffs is going nowhere for at least 90 days (subject to no black swan event) because the US and China have formally agreed to no more tariffs in this 90 days. Fact 4. Graphite does not seem to be on the radar of this US administration, REE absolutely but graphite no. Maybe that will change.fact 5. China is still selling graphite to the whole world including the US for rock bottom prices.fact
I expect another capital raise is on the cards in next six months..
SYR Price at posting:
38.5¢ Sentiment: Sell Disclosure: Held
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