SYR 4.26% 22.5¢ syrah resources limited

Ann: Update on Vidalia offtake agreement, page-26

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  1. LDW
    51 Posts.
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    A little more analysis: please correct if numbers are off

    SYR - tesla have committed to buying 23ktpa, a 300% increase in 6 months
    1) currently we produce 1.8ktpa and were targeting 11.5ktpa
    2) this tesla deal aids finance to 45ktpa, with other mous to become binding 45ktpa + funding is on the horizon
    3) by 2027 80% of US car battery minerals will need to be US or Free Trade Agreement origin for tax credits
    4) china has no FTA & provides >80% the worlds battery grade graphite
    5) USA will need 562ktpa in 2026 for 590GWH (planned )
    (45ktps/8%)*100%
    6) In 2026 100ktpa is only 16% of USAs 2026 need. The does not include the EU who also need ESG graphite
    7) SYR hold the world largest quantity of graphite

    As the 1st and largest non-chinese source of natural battery grade graphite, I doubt we will only provide 16% of the USAs graphite needs and 0% of the EUs. 'Syrah's vision is to be the world's leading supplier of superior quality graphite and anode material products'

    The future growth is hard to fathom. But SYR sit in a very comfortable seat for the ride ahead.

    Good luck to loyal holders

    this is not financial advice, i am not qualified, just speculation

    https://hotcopper.com.au/data/attachments/4935/4935410-243ed7365020e13b38e9a82bceb84c73.jpg
    https://hotcopper.com.au/data/attachments/4935/4935411-3f84da286a2c7e2d69ec54c6d5506d94.jpg
    https://hotcopper.com.au/data/attachments/4935/4935413-3232eca4e9f9dadcb77ec39f2a3130e2.jpg
 
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22.5¢
Change
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Mkt cap ! $232.8M
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23.5¢ 23.5¢ 22.5¢ $1.802M 7.921M

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No. Vol. Price($)
24 1034048 22.0¢
 

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Price($) Vol. No.
23.0¢ 443295 9
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