SYR 6.56% 32.5¢ syrah resources limited

General Discussion, page-1681

  1. 871 Posts.
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    lots of potential but we need hard figures. It is always an encouraging sign when directors increase personal holdings! But again that cannot happen if there is breaking news due. I suspect the quarterly will show a better financial position in that the company is not hemorrhaging money as fast but still taking an operating loss. For many types of flakes sizes there have been useful but not radical increases in price. Some months ago I roughly estimated at least a 10% increase in graphite price was needed to break even assuming solid sales. Some types of graphite flake have seen increases of roughly 5-7% in the last 90 days (but not all). I do not know what volume was sold at what quality. That is real important. If I didn’t mind risking a bit of insider trading I would pay some bloke living outside the mine site to count trucks leaving. I bet there are shonky shorters and traders ho do just that. I really do see SYR for its long term potential and I mean three years. Trade wars, US increases on tariffs on graphite in worst case in 2027 but potentially much earlier under a Trump government follow CCP tit for tat could be as early as first quarter of 2025. Lots of news due. Just need some of it positive. Then on a personal wish I would like to see an act of God like the worlds longest and worst case of gastro outbreak to strike Citi and JPM traders who are supporting all the shorting. Those f**kers.
 
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Last
32.5¢
Change
0.020(6.56%)
Mkt cap ! $336.3M
Open High Low Value Volume
30.0¢ 32.5¢ 30.0¢ $1.514M 4.877M

Buyers (Bids)

No. Vol. Price($)
2 500053 32.0¢
 

Sellers (Offers)

Price($) Vol. No.
32.5¢ 170548 6
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Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
SYR (ASX) Chart
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