That's the position Syrah are now in Khao. Having now any number of options which will result - translate into the FID pending announcement being what the markets expect - a very favorable initial path forward to 10kt at Vidalia - with options to scale beyond rapidly upon successful commissioning of the initial 10kt.
One can only envisage the flow of more of the same that Tesla is initiating soon enough proga. With Tesla leading the way the pack will be within striking distance and act similarly soon enough.
Different applications/requirements for various EV manufacturers and models - Tesla clearly see a shortfall in future supply chain and early moves in securing such - all others will follow very soon. Syrah will be patient to not overscale to rapidly - this is an industri al revolution that will play out for decades - eventually replaced by other battery tech but for now they are - extremely well placed. That is why I believe the path to finance to scale beyond 50kt is with US listing as seen with other players in similar circumstances.
SYR Charts, page-2096
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Last
28.5¢ |
Change
-0.010(3.39%) |
Mkt cap ! $294.9M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 28.0¢ | $1.469M | 5.106M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 498635 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 127651 | 4 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| SYR (ASX) Chart |