Glencore boss, in Australia recently, openly stated that his company is always on the lookout for advanced projects. i.e. let some-one else do all the footwork and they come in with a big bucket of money at a later stage.
If Syrah hold out (and why wouldn't they) then I'm damn sure that the gurus at Glencore or indeed a company like BHP or RIO would be running the ruler over any company that has potential.
I don't think that we've seen anything like the heat that is about to come into this sector.
Glencore takes close look at Syrah Resources, page-48
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