ASX Today, page-37699

Well the biggest difference between SYR and LTR is that SYR actually has a completed mine and is - you know - mining stuff.

Yes, SYR has been mining for few years (even on C&M, made no profit, but losses of over $300m). If a mine has been running for years, and still can't make profit, then it's probably a dud.

2nd big difference - mandated non Chinese product into USA. SYR is the ONLY graphite producer able to do that. Many Lithium producers can - so SYR pretty much has a captive Anode market.

Yes, it's only natural graphite producer outside of China, but batteries can also use synthetic graphite as another ASX company does. Trade war doesn't prevent US from importing goods from China. If necessary, they will be exempt. There're still heaps of imports from China to US.
The so called "ONLY gaphite" is just a false selling point.


3rd SYR has massive loans from American Govt agencies.

The massive loans from US government thanks to Biden, are still loan requiring repayment, that's not free! It's back to project economic viability.

BTW, SYR does have massive loans, but IRR doesn't look very attractive.

ALL IMO.