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Jan 23, 2023 6:18 PM

Graftech waiting for a mexican resolution 

GrafTech International Ltd.NYSE

Description

short term could bump its head on $6
Only to give it up for a better opportunity around $4,50-5

positives
Graftech manufactures electrodes used to make steel will benefit from China re-oppening
the St Marys mine could be up and running end of 2023

Negatives
suspended facility in Mexico could affect ~50% of their Q42022/H12023 production. This will have a massive impact in GrafTech's cash flows
cash and cash equivalents of $109 million and total debt of approximately $921 million."
Could be dead money with the stock drifting lower maybe a late 2023 play
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