mufc
SYR is "doing" 200kts of NEW Demand into the Steel and Aluminium Industries.
It's NOT for Traditional Use in these areas of flake graphite but for a New Use as a substitute for Synthetic and Other Carbons like Pet Coke.
So TRADITIONAL Use in Steel Recarb is "available' for Import Replacement Tonnage [Like maybe some part of the TK offtake ?] and it's yet to be seen whether Aluminium Industry adopts flake graphite as a substitute.
Seems to me your taxi passenger "suits" were assuming fait accompli with SYR in Graphite to BHP dominance in Iron Ore but mufc SYR hasn't produced let alone sold a single GRAM let alone 200kts.
It's all on paper, virtually back of envelope calculations mofc 1 that Sellers of the Harbour Bridge can Produce !
Maybe KNL will/has been approached and Off Taken because it shows realistically it can deliver?
see pavbar for sensible
KNL Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held
