If Aus Super has lent the majority of it's shares out - it/we stand to make huge gains when they are recalled.
I still think their long game is to take it private as part of a syndicated deal. They tend to target Yield and the ability to generate a stable and predictable return - which we obviously haven't seen YET but once Vidalia hits it's straps I think a lot more will become clear and i'm confident a few more high profile deals are not too far away. And then there's the DOE loan which will appease many anxious holders i'm sure.
The UTILITY that Balama provides globally as a High Purity massive volume, high grade Natural Graphite Ex-Chia resource is still woefully undervalued IMO and prevents any other major greenfield development builds from happening until prices obviously start to improve - by which time we will have the lions share of the Global Ex-China market.
Still many leftfield things can happen - Geopolitcial, War etc etc but most of them reinforce the need for security of supply and onshoring in the USA (which has NO natural Graphite) and the recent little pump is a shot across the bows and shows just how quickly things can move.
Cheers
DYOR IMO
SYR Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held
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