SYR 2.78% 52.5¢ syrah resources limited

who will acquire SYR and what price will Aus Super let it go for, page-6

  1. 269 Posts.
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    Min Res are currently working with Hazer on their synthetic graphite technology. Not sure SYR would interest them.

    In my opinion it would not interest anyone at the moment, and if it did, I doubt they would pay more than about $1.20 for it. Balama nameplate capacity still unproven, market flooded and prices depressed, and the BAM concept also remains unproven without some interest from car/battery makers in the form of offtake/JV agreements.

    Maybe in 12 months some of the above will have been alleviated and a company will take a punt on the future of the market and their ability to operate the assets more efficiently.
 
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