Reeling Syrah sets sights on glory days

IT has been an inglorious start for Syrah as the big new disruptor in the global graphite market from its Balama operation in northern Mozambique, writes Barry FitzGerald.

Reeling Syrah sets sights on glory days Reeling Syrah sets sights on glory days Reeling Syrah sets sights on glory days Reeling Syrah sets sights on glory days Reeling Syrah sets sights on glory days

Mozambique President Filipe Nyusi (left) shaking Syrah MD Shaun Verner's hand at the Balama opening in April

That has been reflected in Syrah's reeling share price, with the A$4.95 the stock commanded in early January giving way to this week's miserable $2.06, a thumping 58% fall.

A number of f...

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