A 95% fall is also possible as is a 95% rise. This sucker's future depends on:
1) Can its G be successfully used in large batteries for vehicles and household/grid storage.
2) A favourable taxation regime from a Moz govt that sees that encourages foreign investment.
3) Margins on the G production in DFS.
4) Ability to raise capital for flotation plant.
5) Not an issue now but down the track ability to semi purify the vanadium byproduct.
6) A SYR CEO/board that is cognisant of shareholder's needs to be regularly informed re company matters.
Tick the above boxes and SP will fly. Fail and it will tank. Graph/chart/tea leaves won't be the main game.
SYR Price at posting:
$4.50 Sentiment: Hold Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)