SYR 3.77% 25.5¢ syrah resources limited

Does MNS change things

  1. 1,800 Posts.
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    MNS production costs estimated at US$450 compared to US$330 for TON and US$200 for SYR (minus vanadium credits maybe $50 -100). This is the true "elephant in the room", and why SYR is valued x8 the other players. Graphite prices recently (over 5 years ago) were $400 per tonne and put all ex china players out of business. It is a dangerous proposition to raise money for a project that cant tolerate those prices again.
 
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