We all are losing money here, and the biggest loser here is...

We all are losing money here, and the biggest loser here is Australian Super. From last CR (55C) they are down 60% and I believe their average is much higher than 55c as they invested 3x$150M notes. Irony, shorters (JPM and City group) are on agenda (could be backed from Chinese money) to kill the share price. The MC of AUD225M (USD$148M) not only ridiculous but quite stressful. Chinese graphite wants monopoly and so far they have succeeded to kill supply outside of China. Forget any other graphite such as NVX, TLG will succeed anytime soon when already built plant Balama (from 2017) and Vidalia (AAM 11.5ktpa) have made to sit idle. Tesla supply commitment is in limbo and can't trust this management for anything. They have repeatedly failed to deliver since last CR on any commitment besides publishing shiny quarterly report when all investors are bleeding. We still need to wait until November to where the tide is flowing after US election results.

Most of the SYR directors including Shaun Verner holds 6.5M shares, however but they can't do anything unless Balama ramps up production. BTR Indonesia plant is ready but we don't have any update that Balama has recently shipped any Graphite. We don't know where is the bottom so think twice buying or averaging down. There is not a single week where SYR traded in Green since last CR. We'll thought 55C will be the base but recovering to 55C needs 120% appreciation on share value which is a distant future.