Food for thought ! Could be a real positive for the likes of TLG and other graphite plays!
From an article from The AGE:
Credit Suisse analyst Michael Slifirski says the board of Syrah is “commercially minded but they probably also have an idea as to where they want to take this company and what it could be worth”.
A play by Glencore made sense, given the Balama project would be “extremely disruptive” to the graphite and vanadium projects if it came online, he says.
“Syrah could do a lot of damage to other existing market participants and there is no doubt it (a takeover) makes a lot of strategic sense as an option for those in the market that want to maintain their positions of control,” Mr Slifirski says.
We must also remember our graphene exploits which will also apparently give us a huge advantage!!
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