SYR 2.74% 35.5¢ syrah resources limited

Balama Mozambique, page-6

  1. 207 Posts.
    lightbulb Created with Sketch. 373
    ...so is that your cards or do you have more 'none public' intel?

    The North Eastern area has been problematic since 2013...and they (Ahlu Sunnah Wa-Jama) are currently moving south (3 hours ago)...away from military assets on the West... so they still prefer to stay close to the coast...easy escape route....

    Balama is >300km west....and Syrah's assets are not near the main road to Balama...so if ...and that is a big IF....they change their M.O. and make the stupid move towards Balama (West), where there are significant military assets by the way....Syrah's assets would still be out of the way...

    .... saying that, I'm sure that even these guys could probably run the company better than the current clowns do...so maybe we should give them just a map to the site while they are in the area

    ...anyway....facts are still: ~$700M of tangible insured assets....~$110M cash...no debt...>40 years of mining left....with massive future demand ....and the market cap is still ~$100M at this stage....

    ....hopefully they will keep operations suspended to preserve cash for the next while...but it all depends on timing of inevitable take-over...and hopefully it will be above $1.50/share.
 
watchlist Created with Sketch. Add SYR (ASX) to my watchlist
(20min delay)
Last
35.5¢
Change
-0.010(2.74%)
Mkt cap ! $367.3M
Open High Low Value Volume
35.5¢ 37.0¢ 35.0¢ $2.274M 6.355M

Buyers (Bids)

No. Vol. Price($)
13 189831 35.0¢
 

Sellers (Offers)

Price($) Vol. No.
36.0¢ 53310 3
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
SYR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.