Syrah Resources (ASX:SYR) – Defying economic principles through marketing veil

Once upon a time in Mozambique, there was an overpriced junior graphite miner..

  • Balama mine will more than double current global graphite supply.
  • NPV assumptions are outdated, overly optimistic, and appear to include errors. 
  • Public record request for Louisiana spherical graphite plant plans yielded no results.
  • The management team is unstable.