Some price move comparison charts including some Canadian Graphite.
Australian
having a "common" price of 4 3 months ago,one can read the price change rate amongst them ie Talga 4/16ish,AXE 4/8.
SYR had a substantial rise before 3 months ago so this chart only illustrates it's price rate of change recently.
On a 6 months basis it is some 12 times up on base price with Talga only some 4 times.
Some Global Comparisons
I can only find Focus FMS Toronto as a Graphite Stock that had some "spectacular" Rise in the last 2 years that I assume was due to Graphite. It's chart
SYR has "caught up" with it BUT I think FMS Toronto is much more Advanced towards production etc than SYR and imho illustrated is the SYR "bubble".
Northern Toronto NGC is another mentioned Canadian Graphite in some advanced stage.
A 6 month comparison
Again SYR overwhelming price rise compared to "peers" is illustrated
3 months
and one can see illustrated how the Australian Graphite is going/comparing with the Canadian's.
We're outperforming the Canadian competition often mentioned in the Research articles.
There is work required in comparing Market Caps and Shares on Issue between the Australians and Canadians.
I have read that the Market Cap for a PRODUCER [not an explorer] is said to be $200 mil so that gives some idea of what a company in the Stages before Production should have as a "sensible/realistic" Market Capitalisation.
- Forums
- ASX - Short Term Trading
- graphite "in a nutshell"
graphite "in a nutshell", page-30
-
- There are more pages in this discussion • 5 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online