It is not out of the question that Chalieco / Chinalco are hedging their bets with this MOU - they may be waiting to see if the graphite industry in Pingdu etc can pass the new environmental inspections and resume production or not. I don't see anything particularly wrong with that if they are - SYR management will probably be aware of what is happening in the market.
Binary situation for SYR possibly on this particular offtake agreement.
I think the market might start pricing these odds once the SP settles down.
I still think SYR has a bright future - but obviously it may take time to bed down enough offtake volume.
GLTA
binary situation re the offtake deal
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SYR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
34.5¢ |
Change
-0.020(5.48%) |
Mkt cap ! $357.0M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.8¢ | 34.5¢ | $2.576M | 7.326M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 393935 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 100404 | 3 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| SYR (ASX) Chart |