Exactly my opinion as well.
With the Battery Grade supply now being disrupted instead of oversupply, SYR will see the prices rise in the near future and their will be even less likelihood of other hopeful Battery Grade Graphite hopefuls getting funding when SYR has demonstrated they can ramp up supply accordingly.
Is certainly going to be a dilemma for Battery Grade Graphite Projects IMO.
Will be very interesting to see how their recovery rates are in the new dig section they just opened up this quarter. That IMO is a huge factor also in their current decision.
Did they achieve 70% recovery rates or less ?
I am inclined to think it was less. Looking forward to their next revealing update.
Ann: Natural Graphite Market Update and Operational Response, page-28
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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 |
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| SYR (ASX) Chart |