SYR 1.09% 45.5¢ syrah resources limited

It is a long term hold for SYR. We are in the early days...

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    It is a long term hold for SYR. We are in the early days remember EV penetration rates are only 2%. We have brought 200++K tonnes in production and graphite hasn't collapsed yet. Management just need BAM up and running and it should be all cylinders firing. I expect China is going to turn on the taps soon and flood the market with money before their economy slows to a crawl. Also Musk starting production in September in China. We are going to see massive growth stretching the limits of battery production. As for going bankrupt I highly doubt it, that would end the EV revolution in it's tracks for 2-3 years.
    Last edited by Sentrypetal: 15/06/19
 
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