Post by
1student on Jun 23, 2023 3:43pm
MaterialsMan, Regarding Syrah Resources Ltd and Perhaps NGC
MaterialsMan
Syrah Resources definitely has a couple of moves it can make here with NGC.
NGC is in desperate need of exactly a company such as Syrah Resources Ltd.
Now that the merely proposed Graphex Technologies U.S. LLC non-binding joint commercialization partnership agreement is entirely frowned upon by both the U.S. and the Canadian Governments, due to Graphex Technologies U.S. LLC's China based parent company connection, NGC seemingly has no viable way of adding any "BAM" specific value to it's mined graphite feedstock material.
We know Syrah Resources Ltd can elect to "leverage" said company's intellectual properties, it's clearly existing U.S Government funded and DOE issued grants and/or loans qualified status and It's already validated and Tesla and LG qualified graphite "BAM" process manufacturing capabilities, doing so in order to provide NGC a much needed immensely viable lifeline.
Had Huges Jacquemin decided to utilize his brain more efficiently and instead pursued long ago required undertakings with more abundant caution, risk mittigation and therefore most wisely and effectively, Mr. Jacquemin &Co would have already struck a binding JV graphite "BAM" commercialization partnership deal first with Syrah Resources Ltd representatives; not with Graphex Technologies U.S. LLC.
I spoke early on to the hazzards of throwing NGC's lot in with those persons operating a China based company's subsidiary corporate entity. The U.S and Canada escalated against China since then and much has changed as a result for NGC and it's merely proposed joint venture commercialization partner.
Hopefully Messrs Bowes and Jaquemin did not burn that Syrah Resources Ltd bridge and always had kept ties and talks open with Syrah Resources Ltd principals, this as a contingency should the Graphex Technologies U.S. LLC option fall through due to U.S and Canadian governments opposition to providing any capital grants, financial and other assistance to companies who would be in any way joint venturing with China affiliated corporations.
It's always been the case that the U.S. and Canadian governments clearly prefer a "five I's" (lol) or "Five Eyes" nation state domiciled company such as Syrah Resources Ltd.
I am sure Messrs Jacquemin and Bowes would have had to know this MaterialsMan.
Comment by
MaterialsMan on Jun 23, 2023 4:07pm
Interesting theory. The question is whether SYR would prefer to fly alone. I don't know if there are any major players ex China that could acquire Syrah, but it would seem to be a worthy acquisition. Of course if Syrah is the biggest guy on the block, maybe they will consider some M&A or JV, as you seem to be suggesting.