They are still in campaign mode and are not producing in any meaningful volume.
Sadly, this will remain in place for the next 3 to 6 months.
wider economic issues at play here too. World economy slowing with rising interest rates trying to stamp out inflation. US election too is causing uncertainty over policy.
i really hope Syrah gets taken over. Australian Super now owns 30% which is very high. They may be looking to offload some of that. Why not a joint. Why not a joint venture partner. Buy 10% of Syrah (off Aust. Super) and an
offtake agreement for say 40,000 tonnes a year of natural graphite. That could give the share price a kick along.
realistically, we need China to reduce producing synthetic graphite and close a few graphite mines of their own.
They are still in campaign mode and are not producing in any...
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Last
34.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $351.8M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 34.8¢ | 32.0¢ | $4.547M | 13.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 264607 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 93599 | 4 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| SYR (ASX) Chart |