Given Syrahs critical importance as the only supplier of natural graphite and AAM into the USA globally ex-China - I wouldn’t be surprised if the US Department of Environment were to turn round and offers an extensive funding package to cover the full Vidalia expansion programme - Syrah is that important.
There are multiple rounds of funding and no other announcements have been made since round 1 for any other company under the Loans Programme…
EOFY tax selling giving shorts a great opportunity to cover without materially affecting the SP.
I’m expecting further weakness next week but I have a sizeable purchase lined up from a recent big win.
Cheers
DYOR IMO
General Discussion, page-1545
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