SVM sovereign metals limited

Isn't SYR a fair way off starting production?I read something...

  1. 4,341 Posts.
    Isn't SYR a fair way off starting production?

    I read something somewhere, and I can't remember what it was, that put my mind at ease straight away regarding this "SYR is going to crash the graphite market" thing. Pretty sure it was an article pointing out the growing market for graphite, I may have even posted it here a few weeks ago.

    I don't believe SYR are an immediate threat to the share price of SVM if SVM hit high grade graphite. The market is not thinking about the finer points of production, the market is only thinking of massive discovery.

    For instance, how many huge discoveries sent share prices through the roof, only to be uneconomical.

    For me, it's not about production, but rather exploration hype and if it leads to production later, then bonus.
 
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(20min delay)
Last
77.0¢
Change
0.040(5.48%)
Mkt cap ! $498.1M
Open High Low Value Volume
74.5¢ 78.0¢ 74.5¢ $415.9K 543.9K

Buyers (Bids)

No. Vol. Price($)
3 86000 75.0¢
 

Sellers (Offers)

Price($) Vol. No.
77.0¢ 20194 1
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Last trade - 16.10pm 21/07/2025 (20 minute delay) ?
SVM (ASX) Chart
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