Boges, the US have $50m grants now available. Not sure if they are only available to US company's.
Penguin, you're basing your assumptions on the past and here and now, not the future. SYR's future is not selling to China. There is an EV arms race starting to happen to stop China cornering the battery market. France and Germany have signed an agreement with a few auto company's and others worth Billions to build mega factories first in France and then 5 years later in Germany. Same goes with the US. This will take 2-3 years. In 10-15 years time, 30-50% of vehicle production in Europe will be EV's if not more. If you ramp up all existing graphite mines to full production, it still wouldn't be nearly enough to meet future demand. Demand for large flake compared to fines will be a side show.
The key is the timing to meet this demand when it come online
1/ to have the Bamaga mine operational
2/ to have BAM in production. Maybe not full but expanding
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