Tin anodes - forget it. Way to expensive and that's even before considering what the impact on tin price would be if it was used in batteries (only around 250k tonnes tin produced globally and reserves are relatively scarce).
Might find a niche market for specialised use, but thats it.
Don't get me wrong though, tin is probably a good investment. Arguably better than graphite.
I am not in SYR because I think graphite price is going up. I am in it because it has the biggest mine in the world that will also have the lowest production cost and so will come to dominate global supply. Whilst a higher price means more profit, that would only be icing on the cake...it will make heaps even if graphite price collapsed.
Cdchi1
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Tin anodes - forget it. Way to expensive and that's even before...
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Last
25.5¢ |
Change
-0.010(3.77%) |
Mkt cap ! $263.8M |
Open | High | Low | Value | Volume |
26.0¢ | 26.0¢ | 25.3¢ | $724.5K | 2.822M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 120089 | 25.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.0¢ | 146204 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 120089 | 0.255 |
38 | 711220 | 0.250 |
15 | 1098270 | 0.245 |
8 | 477916 | 0.240 |
8 | 226413 | 0.235 |
Price($) | Vol. | No. |
---|---|---|
0.260 | 146204 | 5 |
0.265 | 189643 | 6 |
0.270 | 856 | 1 |
0.275 | 153451 | 7 |
0.280 | 253033 | 8 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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