good news for syrah and cngratulations to management for fixing swiftly the plan.
However i am not very optimistic about prices syrah is getting per tonne. From Imerys Q3 2018 report :
Implementation of “care and maintenance” program for Namibian natural graphite assets
Imerys has decided to implement a care and maintenance program for its Namibian graphite assets to preserve their long-term value for a future point when market pricing allows a proper value to be achieved for this high-quality graphite product. The implementation of a proper care and maintenance program enables Imerys to preserve its mining rights and resume production once general market conditions become more favourable. These assets have a balance sheet value of ca. €50 million
