SYR 2.27% 22.5¢ syrah resources limited

With China having reduced output do to depletion of quality...

  1. 331 Posts.
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    With China having reduced output do to depletion of quality Graphite and environmental the threat to Syrah is takeover. The stock has two price points, one for graphite at about 8$ or about $12- 15 with Spherical. Remember Spherical price points at today's demand is $2k to $4K per ton. A market shortage is expected as EV production ramps up. A takeover too soon will keep shareholders from a very large payout. Not sure if management can do anything to prevent the takeover. Any ideas.
 
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Mkt cap ! $232.8M
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22.5¢ 23.5¢ 22.5¢ $406.0K 1.779M

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