I have traded SYR a few times but would have been better just holding. I know this deposit is shaping up to become bigger than enormous. At this stage(yesterday) it had a 350 million MC. How dangerous is it at that MC at this early stage from a perspective of a new investor with no buffer? Im not concerned that it happened so fast if its justified. Graphite is not all that complicated and easy to drill. What capex costs are they up for to bring it into production. Are there any problems with infrastructure that could impede things. I understand that the samples are yet to be analysed by the lab so that could be a catalyst for another major rise or I suppose slow it dowm if there are any issues.
Im expecting there will be more and more deep drills coming in yet expanding the resource based on what has been released thus far. Whats it likely to be worth. Any feedback would be appreciated.
motherload, page-36
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $212.1M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 20.0¢ | $561.1K | 2.762M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 61 | 811224 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 696357 | 54 |
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| Last trade - 15.56pm 05/09/2024 (20 minute delay) ? |
| SYR (ASX) Chart |