That is truly great news, I need a few other holds to mature so that I can take a larger holding here for those divvys which are a shoe in 4-7 years from now, barring one of the big 3 being smart enough to look to integrate Syrah into their internal supply chain and attempt to slow the rise of Tesla.
I have somewhere around 50,000 potential dollar reasons reasons to be happy at least in the short term the shorters continue to dream and hope things go sour in Mozambique.
Investment is a guessing game - a chance backed by either fact of what is likely to be and mov8ng on these with appropriate timing, or of what is less likely to be and avoiding these. Basing your chance on something like a hot and cold insurgency almost exclusively hours to the north east is simply gambling.
I would reiterate though, I would like to see SYR diversify to a higher cost lower output operation somewhere, incase things go sour as they have in the past. Something that will not hurt too much on the bottom line but perhaps contribute 15% or so to total output. Output can be stockpiled to prevent low volume shipping costs, then moved quickly at volume if there are short term supply disruptions due to security as we have seen a while ago now at Balama. Something closer to Vidalia for speed of delivery, in a more stable jurisdiction for redundancy.
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Last
51.5¢ |
Change
-0.010(1.90%) |
Mkt cap ! $441.3M |
Open | High | Low | Value | Volume |
53.5¢ | 53.5¢ | 51.5¢ | $1.648M | 3.142M |
Buyers (Bids)
No. | Vol. | Price($) |
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6 | 130445 | 51.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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53.0¢ | 42538 | 2 |
View Market Depth
No. | Vol. | Price($) |
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6 | 130445 | 0.515 |
8 | 253951 | 0.510 |
1 | 20000 | 0.505 |
5 | 44092 | 0.500 |
5 | 166640 | 0.495 |
Price($) | Vol. | No. |
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0.530 | 42538 | 2 |
0.535 | 41000 | 3 |
0.540 | 122767 | 6 |
0.545 | 217000 | 2 |
0.550 | 141509 | 8 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
52.0¢ |
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Change
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Open | High | Low | Volume | ||
53.5¢ | 53.5¢ | 51.8¢ | 877504 | ||
Last updated 15.59pm 03/05/2024 ? |
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