Pretty awful for a company that was already suffering from very low prices for its product.Having said that, opportunity often comes disguised as problem.
China's threat is very real and so is USG's resolve to protect its supply chain. Vidalia is the only project capable of supplying in short term. They won't ask for the loan to be repaid due to an issue beyond syrahs control. It will only weaken their position with regard to safeguarding loan supply. They are not a commercial bank.
With Tesla relying on offtake from Vidalia Musk who is now all powerful will be on this side of argument too.
I have been on the sidelines for a while after selling around 30c but now is a good time to buy, for me. This matter with USG loan will resolve. Can't say much about politics in Africa as I have no expertise in that.
Pretty awful for a company that was already suffering from very...
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Last
38.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $396.0M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2669 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 8333 | 2 |
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| Last trade - 07.10am 31/07/2025 (20 minute delay) ? |
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