The best thing SYR could do is get a move on and produce 220kt/annum and then ramp-up over next 2 yrs to 380kt/annum. It may mean SYR produces almost enough graphite to supply world demand.... but that's exactly what they should aim for. If their DFS stacks-up and they can churn high quality G out at say $300/ton... it will collapse the rest. Bit like RIO, BHP, Vale and FMG merging. Problem is SYR can't seem to get the plant started, let alone completed. It is not a complicated technology. But yrs seem to slip by unnoticed by management. Why are they so slow?
Syrah’s Balama Project Is Growing, page-3
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