SYR 0.93% 27.3¢ syrah resources limited

Future demand for SYR Graphite, page-16

  1. 368 Posts.
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    As old quarterly pricing contracts expire they are getting much better pricing on the new contracts. Guidance is US$500 to US$580 per tonne. However, market is still in slight surplus so can't see any surprise on the upside - unless there is an update on Vandium Reserves or some positives from battery plant in Louisiana. Example, 1 or 2 customers likes the product and locks in a good size order. Have to also hope China keeps closing some of its graphite mines.

    Good God with a 50 year mine life, now operating and producing, large Vanadium reserve, $500 million in equity already raised thus far, its market value is now only $440 million (@$1.10 cents per share). Surely if someone wanted to take it over, now is the time to do it. Shareholders just gotta hope is $2.50 or higher.
 
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Last
27.3¢
Change
0.003(0.93%)
Mkt cap ! $282.0M
Open High Low Value Volume
27.0¢ 27.5¢ 26.5¢ $449.2K 1.660M

Buyers (Bids)

No. Vol. Price($)
24 159147 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 499753 29
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Last trade - 13.13pm 30/07/2024 (20 minute delay) ?
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