SYR 8.16% 22.5¢ syrah resources limited

MM. I don't agree. SYR are producing mostly dust. It has been...

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    MM. I don't agree. SYR are producing mostly dust. It has been discussed on here..The money is in large flake,but SYR are banging volume product out at the expense of flake size. The more grinding and processing to achieve purity, the smaller the particle. I doubt they will ever achieve the % of large flake necessary to become profitable. As I see it, the "dust" is relatively easy to achieve and will therefore always be undervalued, especially as more producers enter the market. On top of that, as I understand it, SYR have substantial freight costs to market.
    Until they develop downstream products..spherical etc and that will be years away, they are up the proverbial.IMO.
 
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