Sabbath
The deposit itself wont, no, because graphite is 'sales contract' based.
What will depress the price though is when SYR approach Toyota and say...
"Look these fools over here are selling you graphtie for your electric vehicles at $2k per tonne and can only supply you for a few years.
We'll give you FIFTY years of supply and you can pay us $1.5k per tonne. What say you?"
That might not be good for the other graphites...but SYR gets to sell their product at a ridiculously health margin...and large amounts of it too.
Cdchi1
287m graphite intercept, page-34
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29.5¢ |
Change
-0.010(3.28%) |
Mkt cap ! $305.2M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.5¢ | 28.8¢ | $1.303M | 4.397M |
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| No. | Vol. | Price($) |
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| 1 | 10000 | 29.0¢ |
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| Price($) | Vol. | No. |
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