SYR 3.57% 29.0¢ syrah resources limited

Ann: Trading Halt, page-49

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  1. 2,693 Posts.
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    Everyone complaining about reducing production didn't just see what happened to Iron Ore when Vale reduced production into the market or when OPEC cut production. Cutting production is a good thing even if we bleed more money in the short term. The other option is a total collapse of graphite price and we end up bleeding money. I want them to reduce hard. I don't think we will enter C&M even though that would be the optimal option and send prices skyrocketing.
 
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28.0¢ 29.8¢ 28.0¢ $651.2K 2.265M

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No. Vol. Price($)
2 34215 29.0¢
 

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29.5¢ 161604 6
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