SYR have released a new timeline. Construction will start in in about 8 months time (Q1CY15) and commissioning in about 17 months from now. Production/sales about 20 months from today. So time frame pushed out yet again. But this time it looks like they will stick with it.
No mention of how much V205 prod plant will cost and whether they intend going for high purity product. Plus no mention of how finance will be raised. What's not in doubt is exc macro of mine's two products. I am esp bullish re demand for high quality large flake graphite.
So question remains: Buy now and wait 20 months become income begins... or wait until BFS is released.... wait for finance details to be announced.... wait until plant is commissioned... or production begins. FIVE options to choose from.
I'm going to wait whilst following proceedings. My hunch is G prod will start ahead of Vanadium prod.
timeline updated, finance unknown
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