What a load of absolute BS. The SP is getting played. Big orders the size of which we have not seen for ages getting dropped in the que to hold the SP down. At around 3:33 26k shares got pounded at $3.14. Got my order filled then a whole series of orders got wiped up to $3.21.
Now the downward pressure is being applied again. This will run when "they" allow it to. Big players know the value of this mine and they mean to own it before the let Mr Market assigns a value to it.
Off take is awesome even if it is only MOU. Represents <3yr payback of capital required to build the plant. Only a third to half production accounted for and I am using low prices in the calcs.
binary situation re the offtake deal, page-4
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Last
28.0¢ |
Change
-0.010(3.45%) |
Mkt cap ! $289.7M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 29.5¢ | 28.0¢ | $897.9K | 3.130M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 361941 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 91151 | 8 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| SYR (ASX) Chart |