SYR 4.35% 22.0¢ syrah resources limited

Bet everything on electric, page-7

  1. 5,747 Posts.
    lightbulb Created with Sketch. 120
    Looks like Roka is hooked
    Not me....
    If you want a reality check
    drive down the highway for an hour
    count how many full electric vehicles you see.

    Unfortunately too many greedy
    start up lithium miners are flooding the market.
    Almost all now operating at a loss.
    more Graphite start ups coming as well
    Commodity prices will recover to some level
    in the future. but it will require shutdowns and demand to increase

    I think SYR is the safer bet as it will be the
    largest producer of Graphite and by the end of this year
    should have the plant humming and get costs down.
    but profits and divvys are a long way off at the moment.

    I will just keep adding slowly on the dips.
    Selling some on the spikes
    Last edited by colinchi: 07/02/19
 
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