From Market Index
“The key risk here is that junior mining stocks remain in a bear market. Stocks have sold off heavily and investors have held onto steep losses. If prices recover on the back of this announcement, investors may look to exit once they’ve captured their initial investment. This will put pressure and resistance on rising prices,” said Cooper.
Syrah's Vidalia Project in Louisiana also faces a potential funding shortfall of $100 million, according to Macquarie analysts. The company is exploring alternative financing options, including a larger loan from the US Department of Energy. The analysts anticipate an equity raise in the first quarter of 2024 to address the funding gap."
From Market Index “The key risk here is that junior mining...
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Last
51.5¢ |
Change
-0.010(1.90%) |
Mkt cap ! $441.3M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 53.5¢ | 51.5¢ | $1.648M | 3.142M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 130445 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.0¢ | 42538 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
52.0¢ |
Change
-0.010 ( 2.09 %) |
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| Open | High | Low | Volume | ||
| 53.5¢ | 53.5¢ | 51.8¢ | 877504 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| SYR (ASX) Chart |