Good luck to all other graphite hopefuls. If the US govt loan requirements include certain levels of liquidity, like for SYR, then what chance do others have. Particularly considering Balama and Vidalia you expect would have been assigned some sort of value for loan purposes. So to summarise - no loans funded by financial institutions (at least not on reasonable commercial terms), govt loans having specific liquidity requirements and battery/ev makers not willing to finance either. How exactly do they think an anode supply chain will be built?? Crazy stuff... anybody holding other graphite stocks should see SYR as a huge warning sign to expect dilutive capital raises.
SYR Price at posting:
53.0¢ Sentiment: Buy Disclosure: Held
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