SYR 1.27% 40.0¢ syrah resources limited

Ann: Natural graphite offtake and marketing strategy, page-18

  1. klu
    737 Posts.
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    Value investors are buying, and some traders are covering their shorts or naked asses too. The MC is A$460m, with a US$220m (A$340m) grant and possible additional government loan. Net the grant, the MC is A$120m. Am I right?

    This company has a producing mine (the largest in the world?), and a nearly-ready-to-produce factory. What really amazing for me is that it still do not have any debts and has only 675 million shares. Most producing mines may have billions both in debts and in total number shares.
 
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