You really shouldn't compare SYR to WKT . WKT is still in...

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rolly777

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15/08/24

16:54

Post #: 75224952
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Originally posted by bondaus: ↑

I am unsure why some people don't buy Wkt_ and Syr_ rather than cribbing here day and night. Both these companies are in production, so ideally as per the dumpers here, they should be many times up of sp. Instead, they are looking at many years low and keeping heart attack medicine nearby, fearing capital raise is coming.

Considering the macro factors and how graphite prices are depressed, I think we are in the sweet spot of the bargain. we have 7 qts of cash burn, so we don't need to kneel against anyone for cash. We can wait for conditions to improve. Just look at what happened to LRS_. A company which last year dreamed Sigma 2, sold for an average price.
Think
Why did KFW send their person to do a ground detailed study? Hope KFW knows where they put their resources.
Why did the US mark only EGR and one other company in its progress report for multinational partnership? and they did name twice in their declarations. Hope it was not a mistake.

I would be very depressed with EGR if other graphite players were flourishing. but look around, none. Those in production are more vulnerable to shutting down and dilution.
I would say, if you believe graphite has a future then, you should learn to wait for your dreams to come true. If not, then exist as early as possible. Do not spoil your health with cribbing day and night. All in my opinion.

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You really shouldn't compare SYR to WKT . WKT is still in the commissioning stage of the business and has already achieved close to DFS prices on its large flake and Jumbo expandable graphite as per Mike Elliot's tweets. SYR has problems with liberating the graphite from the host and has to grind the shit out of their graphite thus damaging the flakes and their resources is mainly fines for battery use and fetches a low price. WKT has the highest expansion rates ever seen and expands at double the rate of the best Chinese graphite making it perfect for the fire retardant market and foils. No two resources are the same and soon you will realise WKT can make close to a $1000 US a ton after mining costs. So no they are completely different.

EGR Price at posting: 10.0¢ Sentiment: Sell Disclosure: Not Held
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