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Syrah Resources Ord Shs 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.


OTCPK:SYAAF - Post by User

Post by MaterialsManon Mar 30, 2023 1:53pm
113 Views
Post# 35369768

'22 annuals

'22 annuals150 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.
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