Long time since i posted on SYR. Sold around $1.20 before the...

Long time since i posted on SYR. Sold around $1.20 before the big rise.

Am surprised i’s fallen this far. Can’t recall how much invested capital it has taken to build a world leading, super long LOM graphite position, with vertical integration on the horizon. WELL in excess of $1b though. At the current market cap, ridiculous. There are also-ran lithium stocks years from production with $500m-plus capex requirements, that are valued twice as much. SYR has a replacement cost value at well over twice the EV (value on market). if it were a global leader in lithium would be multiples of current value. IMHO expect a quick rebound or it stands vulnerable to an opportunistic bid. Industry peers would pay twice the current SP in a heartbeat if they could secure this leading position in a key Li battery commodity,.

Manipulation IMO. Not liontown hit approx $1.15 a few months back. Now $2.70. They haven’t even raised funding and built out plant.