Syrah Resources Ltd SYAAF

Syrah Resources Limited is an Australia-based industrial minerals and technology company with its flagship Balama Graphite Operation in Mozambique and a downstream Active Anode Material Facility in the United States. The principal activities of the Company include sales of natural graphite and ongoing development of logistics, sales, and marketing arrangements with targeted customers. Its segments include Balama and Vidalia. The Balama segment is engaged in the production, distribution and sale of natural flake graphite from the Balama Graphite Operation in Mozambique. The Vidalia segment is engaged in the operation and expansion of the Vidalia AAM facility including operation of a qualification facility, the construction of the Vidalia Initial Expansion project, evaluation of the Vidalia Further Expansion project, customer engagement and commercial negotiations, and research and development. Its subsidiaries include Twigg Exploration and Mining Limitada, Syrah Plus LLC and others.

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Syrah Resources Ltd

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Post by MaterialsManon Jan 20, 2024 2:53pm

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Post# 35837479

Tough to figure

It is difficult to understand why the SP of Syrah continues to head South.
Company is on the verge of deriving significant income from the production and sale of high margin annode material.
Getting to this stage has taken quite some time, financial resources, and determination.
Recent video footage shows a very impressive facility.
Plus, if the reports about China curtailing its graphite exports are to be believed, then sales of raw graphite should have picked up. I believe they had quite a bit of material ready to ship in inventory.
We should know by about the end of March how things are actually shaping up.

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