SYR 1.15% 43.0¢ syrah resources limited

Biden now talking about a new $3T package. This will be aimed at...

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    Biden now talking about a new $3T package. This will be aimed at a lack of infrastructure. Manufacturing is infrastructure. My guess is they will try and make the US as less reliant as possible on Chinese manufacturing. Battery's will play a huge part in this.

    The market is flaky atm and has been trading in a fairly narrow range for the last 4 months. It should sort itself out soon. After such a good run over the last 6-8 months it can be frustrating.

    I'm expecting a string of good news out of SYR this year. We need to remember, we're at the infancy stage in the EV evolution. Forget the previous false start. Sure, some people got burned. From experience, these things happen unfortunately but it has no bearing on the future outlook. They're now making more EV's per month than what they made per year back then. Soon it will be per week then per day.

    SYR is a 3-5 year hold for me but everybody has different investment strategies.


 
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