Cdchi1 is right. Michael Slifirski, research analyst at Credit Suisse, is probably the best-informed graphite analyst in the country. And there are a couple of lines in the latest CS report (of which Slifirski was lead author) which will send cold shivers down the spines of some graphite prospectors.
The main thing: While agreeing that SYR may be able to get $1200 to $1500 per tonne for some sections of the market, CS have reduced their estimate of the overall average graphite price to $800 per tonne. At that price, SYR, with a super-large, rich deposit enabling FOB costs of $200 per tonne or thereabouts, can make pots of money. Market growth, and market share, look set to rise rapidly.
But small, lower-grade deposits may face a grim future.
Cheers, Prime1
- Forums
- ASX - By Stock
- SYR
- credit suisse upgrade
credit suisse upgrade, page-3
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYR (ASX) to my watchlist
(20min delay)
|
|||||
Last
30.0¢ |
Change
0.030(11.1%) |
Mkt cap ! $300.1M |
Open | High | Low | Value | Volume |
28.0¢ | 30.0¢ | 28.0¢ | $1.418M | 4.887M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 26562 | 31.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.0¢ | 30639 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 9785 | 0.315 |
5 | 25094 | 0.305 |
1 | 3709 | 0.300 |
3 | 65000 | 0.295 |
14 | 345340 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 3301 | 1 |
0.285 | 175370 | 3 |
0.290 | 25241 | 2 |
0.295 | 171562 | 2 |
0.300 | 317152 | 13 |
Last trade - 15.59pm 10/10/2024 (20 minute delay) ? |
Featured News
SYR (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, MD & CEO
James Graham
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online