Ann: Commercial Production Declared at Balama, page-40

Recapping some of the previous (and recent price targets):

Yahoo Finance - 16 January 2019:​

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https://au.finance.yahoo.com/news/top-brokers-name-3-asx-235758648.html​

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Analysts at Credit Suisse have retained their outperform rating and $5.50 price target on this graphite producer’s shares following its recent production update. According to the note, the broker was pleased with the update and believes it should ease investor concerns over the performance of its Balama operation. So much so, Credit Suisse feels there’s a chance that its shares could re-rate higher if the company can maintain its strong production performance. While I do agree with Credit Suisse that this could be the case, I’m holding out for its half year results to see what price the company has commanded for its graphite.​

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AFR - 11 March 2018:​

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https://www.copyright link/business...rm-pain-become-long-term-gain-20180309-h0x9ry​

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Mr Slifirski has a target price of $6.60 on Syrah shares, and says the company's long-term prospects remained strong despite the recent run of bad news, with graphite demand set to rise strongly even if electric vehicle uptake is modest.​

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Syrah was identified as a takeover target in May 2018 ( when share price was at $3.21 ):

https://www.livewiremarkets.com/wires/5-resource-sector-takeover-targets​

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