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Bailey241

1,162 Posts.

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19/12/16

22:04

Post #: 21446351
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Originally posted by Prime1 ↑

Slogger, you raise a good question as to why the SP of that other graphite stock has jumped, and whether it was related to their presentation in New York. Maybe, maybe not. But there was another event in the US at about the same time, which may have been a bigger contributing factor to the rise you queried.

Jay Currie, from Resources Wire, interviewed Ty Dinwoodie, Executive VP of Alabama Graphite. Understandably, this interview did not get much airplay here in Oz, but what Dinwoodie said may have influenced some investors. Resources Wire quoted Ty Dinwoodie as saying:

"And, quite frankly, any need for rest-of-world supply outside of China will be (easily) managed by Syrah Resources, the world’s largest and lowest-cost producer of graphite concentrate, when it commences production in 2017. The race to cross the finish line for emerging graphite concentrate producers worldwide is over. It’s done.”

Could this have triggered the rise?

Cheers,

Prime1

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Perhaps SYR could employ Ty Dinwoodie to source customers given his wonderous ability to influence markets?

MNS Price at posting: 73.5¢ Sentiment: Buy Disclosure: Held
11 Upvote

0 Great analysis

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