The next big thing will be the Department of Energy (DOE) releasing the National Blueprint for Lithium Batteries and whether SYR gets tapped by the DOE’s Loan Programs Office (LPO). Everything in the Blueprint needs to be integrated - ie no point giving SYR a loan to build a 10kt - 40kt AAM plant without an offtake agreement for all of it from the battery manufactures.
Waiting on the release of the Blueprint is probably causing the FID to be delayed. Kind of hard to make a Final Investment Decision if you don't know what the playing field is going to look like or if you are going to receive any goodies from the LPO or the Blueprint in general.
SYR Charts, page-1312
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Last
25.5¢ |
Change
-0.010(3.77%) |
Mkt cap ! $263.8M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 25.3¢ | $724.5K | 2.822M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 120089 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 146204 | 5 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| SYR (ASX) Chart |