....10th of March...???? the world was a different place back then...
Syrah was still burning significant cash at that stage....roll on 3 weeks....operations have been suspended....so happy days...and based on the latest intel...these insurgents have pulled back....been arrested etc...
...so not trying to sound like a broken record:
Facts are still:
- ~$700M of tangible insured assets ....
- Operationally ready, once the natural graphite demand is back...
- ~Loss making operations are in Care & Maintenance amid COVID19...
- ~$110M cash in the bank...no debt...
- >40 years of mining reserves left....with massive future demand ....
- circa 50M shares have to be bought back before the imminent take-over...
....and the market cap is still ~$100M at this stage....
So Bottom line: Syrah today is actually in the best position since the company has listed in 2007.... perfect take-over target....
....10th of March...???? the world was a different place back...
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Last
29.5¢ |
Change
-0.010(3.28%) |
Mkt cap ! $305.2M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.5¢ | 28.8¢ | $1.303M | 4.397M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 178939 | 5 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| SYR (ASX) Chart |