And what if there is no improvement in Spodumene prices ever?
That is a possibility too..
I have a theory to believe that the spodumene prices will never improve or are in correct price bracket. Just that the current Spodumene prices are at the lower end of the bracket and can show some improvement.
EVS will still sell and take over but spod prices will remain around $1250 USD.
Cheaper and affordable EVS....is the key.
Will post some parts of the theory over the weekend.
Have been busy with work.
Split and to all others invested in SYA....what other course of action does SYA mgmt have in store to attain profitability or is there another way out of this tricky mess?.....Think about it.
Cannot just rely on Spodumene prices to soar...which will never happen again.
And what if there is no improvement in Spodumene prices...
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Last
3.5¢ |
Change
-0.001(2.78%) |
Mkt cap ! $360.2M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.7¢ | 3.4¢ | $8.754M | 249.3M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 4706070 | 7 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SYA (ASX) Chart |