Ann: Balama Incident and Rectification Update, page-51

I agree with some of this but some is a little obtuse. Firstly, shorters dont want companies to go bankrupt. Additionally, there is no way shorters would think one of the most debt free start up mining companies on the asx would go bankrupt. And secondly, they dont 'sell' graphite - the shipments of graphite are already agreed upon. So your theory of SYR not being able to get rid of graphite is simply false. It's the fact that they can't get enough out to customers that send millions to short sellers and upsets my share portfolio. The stockpile (that you visualise 'wasting') is most likely due to normal mining activities. It probably speaks more to being somewhat organised during ramp.

What is really happening is that shorts have siezed on a perfect storm where the hype is just a little too early, meaning SYR started falling at $6 instead of $3.
R1