SYR 3.13% 31.0¢ syrah resources limited

Fin Review 9/9/18, page-5

  1. 1,192 Posts.
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    Some hints that the trade war could ease. Who knows what is going to happen, it's a huge risk. People are afraid, but the money coming back in (across resources generally) shows they are greedy and hopeful too. Not a good mixture for peace of mind. If things take a further turn for the worse, expect it will tumble some more.

    I'm no economist, but SYR exports to China, so trade war will be terrible. But possibly offset if US steel industry picks up and imports from SYR in the long term?


    SYR now has cash from the raise, it's not like the thing is on the brink of insolvency. When sentiment changes we should skyrocket though this might be in years.
 
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