maybe they are focusing on synthetic graphite (like Hzr process) and local US graphite mines first for funding
or maybe they would like balama to fund the Vidalia expansion programs which is highly highly unlikely
maybe they think Syr should be doing more to target and secure ex China offtakers
maybe Vidalia is not derisked enough which it obviously isn’t yet as they haven’t successfully passed end user qualifications
BUT US knows the market struggles and they do know Aussie Super has pumped serious capital into this with the intent to ultimately benefit mostly US export businesses
will they let Syrah fail, will they assist or will they keep expecting Aus Super and Syr Shareholders to cough up again and again with uncertain end results
SYR Price at posting:
45.8¢ Sentiment: None Disclosure: Held
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