Amazed to see SYR fall so massively. Company says nothing has changed. Meanwhile in USA Telsa announce record sales of their 100%electric car. At Xmas i only got as far as Mozambique border but spoke with several business people who confirmed Mozambique govt is welcoming to foreign investors. It is def not corruption-free but levels are lower than many African states. I expect Moz govt, along with certain officials, will ultimately take a 20-25% share in SYR and probably pay very little for it! Whilst far from ideal it will probably ensure the mine will reach production. Def is a highish risk stk but i entered a short while ago at $1.67 as i feel the resource is too exceptional, and graphite flake production so simple to produce, that the likelyhood of SYR becoming a profitable venture within 12-18months is over 70%.
Let's hope i'm right. SYR has huge commercial demand unlike some precious metals.
am buying syr at $1.67
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Last
33.5¢ |
Change
-0.005(1.47%) |
Mkt cap ! $346.6M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.5¢ | 33.5¢ | $1.823M | 5.367M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 232532 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 73000 | 2 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| SYR (ASX) Chart |