SYR 3.17% 32.5¢ syrah resources limited

Well I didn’t see that coming- well done to those who did and...

  1. 729 Posts.
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    Well I didn’t see that coming- well done to those who did and topped up this morning. My left field was perhaps adverse weather events through the upcoming China winter - which is still possible and would add fuel to the fire. I wonder whether China are also looking to increase the price themselves? It happened with the rare earths apparently. Finally some more luck and along with the loans is helping heaps. I expect SYR to get more attention even if there is no immediate surge in graphite price. USA, Japan and South Korea are all large importers from China and they will want to sure up relations with other suppliers outside China more so now IMO. This should happen quickly now. No other significant suppliers besides a couple of smaller players that I can see. Add the short covering and I hope to also to see $1 again post Xmas once Vidalia is up and going. GLTA
 
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