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Bullboard - Stock Discussion Forum 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... see more

OTCPK:SYAAF - Post Discussion

Syrah Resources Ltd > Positive news today
View:
Post by MaterialsMan on Dec 22, 2022 7:36pm

Positive news today

Based on my interpretation of today's ASX official announcment, Syrah's offtake agreement for anode 
material has firmed up. In addition, it appears that Tesla is interested in a lot more product than they initially agreed to. Market does not seem to have reacted to the info even though it is a big deal,
especially for Syrah. Hope it does not take forever to be reflected in the bottom line. Good possibility that deliveries could begin as early as late '23. I will certainly increase my position if weakness in the S/P continues. As the saying goes: All ships sink lower during an outgoing tide. The blood is beginning to run in the streets. Time to buy.
Comment by eiementai on Dec 23, 2022 1:18am
This post has been removed in accordance with Community Policy
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