All operations initially face issues. When Glencore first bought the cobalt mines in Congo the company they bought it from was almost bust. Those assets are now some of the most valuable in the world. Syrah is in a far better position, electric car demand is just starting to go exponential, we have the I Pace, Kona, Nissan Leaf, Tesla 3 etc. Standard Mesh of high purity is used in batterys.
Cash burn, page-11
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