SYR 6.98% 23.0¢ syrah resources limited

Proactive - SYR, page-7

  1. 2,693 Posts.
    lightbulb Created with Sketch. 361
    Yes funding for two graphite mines one in Mongolia and one in Tanzania. The Mongolian one is 1/3 the size of SYR for 630 million USD. The one in Tanzania 1/10 th the size for 160 million USD. We know both will over run by 100% so 1.2 billion USD and 320 million USD. Of course both claim 40% ultra large fines but likely will be half of that 20% large fines very similar to SYR. If they are willing to spend that much money why not just buy SYR for 300 million USD, eventually someone in the know how will ask themselves that question. For just over a dollar you get BAL and then u can sell BAM for 50 million USD to ford or Volkswagen.
    Last edited by Sentrypetal: 06/07/20
 
watchlist Created with Sketch. Add SYR (ASX) to my watchlist
(20min delay)
Last
23.0¢
Change
0.015(6.98%)
Mkt cap ! $238.0M
Open High Low Value Volume
22.5¢ 23.0¢ 22.0¢ $684.9K 3.024M

Buyers (Bids)

No. Vol. Price($)
4 61151 22.5¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 24346 2
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
SYR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.