Post by
MaterialsMan on Mar 30, 2023 1:53pm
'22 annuals
150 page report yesterday. Does not seem to be any reason for concern. Future looks very bright.
U.S. EV mfg's including Tesla are lined up at the Vidalea plants' door waiting for product to come off the line.
That's for the valued added stuff. The concentrate is coming out of Balama, which has a 50yr. mine life at 350kt per annum. Last price metioned was @700/ton and getting stronger. The impediments to moving volume have disappeared. So, since they don't issue forward guidance, I'd guess black ink by quarter three.
U.S. gov't is providing grant money to help fund more expansion at the annode material operation. I really like this companies prospects. Any wannabees suggesting that they are on track to duplicate SYAAF's efforts to become big time vertically intergrated graphite annode material producers (ex China) are either blowing smoke or are at least three to five years behind.
If this does not become a ten bagger within two years, and maybe sooner, I will very dissapointed. The list of institutional investors is pretty impressive. The only thing that might possibly throw in a monkey wrench is technology that would eliminate graphite from the equation. Freddy did not seem to cause any problems.