A little more analysis: please correct if numbers are off
SYR - tesla have committed to buying 23ktpa, a 300% increase in 6 months
1) currently we produce 1.8ktpa and were targeting 11.5ktpa
2) this tesla deal aids finance to 45ktpa, with other mous to become binding 45ktpa + funding is on the horizon
3) by 2027 80% of US car battery minerals will need to be US or Free Trade Agreement origin for tax credits
4) china has no FTA & provides >80% the worlds battery grade graphite
5) USA will need 562ktpa in 2026 for 590GWH (planned )
(45ktps/8%)*100%
6) In 2026 100ktpa is only 16% of USAs 2026 need. The does not include the EU who also need ESG graphite
7) SYR hold the world largest quantity of graphite
As the 1st and largest non-chinese source of natural battery grade graphite, I doubt we will only provide 16% of the USAs graphite needs and 0% of the EUs. 'Syrah's vision is to be the world's leading supplier of superior quality graphite and anode material products'
The future growth is hard to fathom. But SYR sit in a very comfortable seat for the ride ahead.
Good luck to loyal holders
this is not financial advice, i am not qualified, just speculation
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Last
22.5¢ |
Change
-0.010(4.26%) |
Mkt cap ! $232.8M |
Open | High | Low | Value | Volume |
23.5¢ | 23.5¢ | 22.5¢ | $1.802M | 7.921M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 1034048 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 443295 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 1034048 | 0.220 |
11 | 2519858 | 0.215 |
18 | 477024 | 0.210 |
3 | 320000 | 0.205 |
34 | 800565 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 443295 | 9 |
0.235 | 226020 | 5 |
0.240 | 169251 | 5 |
0.245 | 77688 | 5 |
0.250 | 98737 | 5 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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