Yep, price was US$458 per tonne in the December quarter as...

Yep, price was US$458 per tonne in the December quarter as prices stabilised. By the end of January, inventory will be cleared out. They cant build
teslas or make other energy storage devices without graphite.

Suggest pricing per tonne should lift much higher in February and March 2020. Basically, it has to. Or those end products dont get built. Be very surprised if prices for fines have not recovered to over US$600 a tonne. Syrah should be in a strong position to demand a higher price or we don't supply. Chinese mines also affected by that virus.

Syrah has made some big mistakes - but thanks to Australian Super, they can no fix the mess. Also suggest if production is lifted back up to 150,000 to 160,000 tonnes per annum it will now generate good positive cashflow - and that is the key. This asset is of very important strategic value in the long term future of batteries for cars, buses and vans. Don't be surprised if it becomes a takeover target in the next 6 months. BHP, South 22, Wesfarmers even Tesla offering scrip. Who knows. But they won't let it go without there being maximum competition from bidders.