We are still waiting on the DOE loan approval for Balama of US$150 million.
This was supposed to be finalized by the end of June 30th but more delays.
once announced to the market, expect a share price jump. But don't be surprised soon after if some corporate activity (i.e. a takeover comes along).
A bigger player that takes a longer term view of graphite prices of US$800 to $830 a tonne) could sure see value at these low prices.
Some years ago Glencore kick the tyres with a supposed offer of $2 billion. Currently only worth $250 million. If same price, $1.75 is a similar price. Let's wait and see.
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Last
29.5¢ |
Change
-0.005(1.67%) |
Mkt cap ! $355.6M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.5¢ | 29.3¢ | $964.1K | 3.240M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 79714 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 98690 | 7 |
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| Last trade - 16.10pm 12/08/2025 (20 minute delay) ? |
| SYR (ASX) Chart |