Touting? “ Have things gotten better since late 2015, or worse, and in what ways?
In 2015 analysts expected Tesla to come calling on graphite juniors. So far it hasn’t. Also since 2015, Syrah Resources has placed its super-mega graphite mine into production. There are other large deposits in Mozambique and Madagascar. The graphite flood is poised to begin”.
Realist2018 seems to tout Syrah Resources.
Did he(she?) read the report of Viceroy Research?
Syrah Resources (ASX:SYR) – Defying economic principles through marketing veil
Once upon a time in Mozambique, there was an overpriced junior graphite miner..
· Balama mine will more than double current global graphite supply.
· NPV assumptions are outdated, overly optimistic, and appear to include errors.
· Public record request for Louisiana spherical graphite plant plans yielded no results.
· The management team is unstable.
View this document on Scribd
Author: Viceroy Research
A group of individuals that see the world differently. View all posts by Viceroy Research
The link to the 33 page report is: https://www.scribd.com/document/335099389/Syrah-Resources-Final
Based on this report Syrah is heading for an uncertain future.