SYR 2.22% 22.0¢ syrah resources limited

Question Syrah must answer, page-24

  1. 282 Posts.
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    Your statement validates Syrah announcement. Initial sales prices are low, as announced as customers test actual production deliveries. Syrah delivered test samples a year ago to many potential customers. Following this BTR and others moved ahead with agreements. Cardeza Labs has provided and continues to provide internal testing and validation. Syrah is at a late stage to have product successfully accepted and volume deliveries to follow. 90 days is not an unreasonable waiting period to get the successful nod.
    Your Statement:
    ALL commercially produced graphite concentrate has to be qualified even if the lab or pilot plant concentrate samples were initially given the node. No customer is going to change its product production parameters or BOM based on lab evals...even refractories require field trials of at least 2o MT of finished flake graphite to verify the commercially produced product meets the same performance metrics as the lab samples and this alone can take 90 days or more for refractory customer end user verification. If the concentrate falls short, NO SALES!
 
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