I'm optimistic there won't be another CR for a while ... well purely to keep the lights on anyway ( vidilia FID might be a different story)
The march CR was smart to keep money in the bank and to funding balama awaiting 150m loan from DFC for 'working and operating capital ' of the mine.
2024 is set to be a disastrous year for battery minerals however if we can secure this loan we are set for early 2027 where the story begins .
this is the biggest patience / and hold investment and also very much dependent on a lot of favourable market conditions toward NG.
when the loan lands pile in and wait !
don't forget SYR have had 7 years practice with an operating NG mine .. got to count for something in the market when looking for supply.
I'm optimistic there won't be another CR for a while...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SYR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.0¢ |
Change
0.010(5.00%) |
Mkt cap ! $217.3M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 20.0¢ | $278.6K | 1.346M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 172414 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 33436 | 2 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| SYR (ASX) Chart |