SYR 4.44% 23.5¢ syrah resources limited

Completely agree Proga - Financial partnership goes hand in hand...

  1. BGI
    1,302 Posts.
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    Completely agree Proga - Financial partnership goes hand in hand with any off-take agreements. I think SYR will be able to meet the FID deadline of 2H 2021, as the industry is building momentum starting with the infrastructure deal from Biden that hopefully gets approval in July 2021. In my opinion SYR more than qualifies to receive a good portion of the below support:

    Through the ATVM program, LPO has over $17
    billion in direct loans available to support
    manufacturing of qualifying components for
    eligible vehicles. These projects can be along the
    automotive value chain after a material has been
    mined, such as manufacturing of battery cell
    components, battery cells, battery modules, and
    battery packs for EVs, or manufacturing of EV
    charging infrastructure components.
    Through the Title 17 Renewable Energy and
    Efficient Energy Projects solicitation, LPO has over
    $3 billion in loan guarantees available to support
    efficient end-use energy technologies, such as
    mining, extraction, processing, recovery, or
    recycling of critical materials projects that satisfy
    the requirements of Title 17.
    Prospective borrowers should engage with LPO for
    pre-application consultations to discuss specific
    projects and their potential eligibility.
 
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23.5¢
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Mkt cap ! $243.1M
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23.0¢ 24.0¢ 22.5¢ $3.752M 15.98M

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24.0¢ 988800 16
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