SYR 0.00% 31.5¢ syrah resources limited

SYR Charts, page-2130

  1. 732 Posts.
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    Started pretty strong so even with the market down it’s a pretty severe drop. Had a decent rise though so maybe some profit taking and risk off for others. Couple of serious announcements over the next week or so and I’m expecting positive news. Even if part of the financing is a capital raise, it should not be a a severe discount to the recent price action and should be seen as a positive going forward. SYR could be in a severe upswing in 2-3 years so a good hold through any turmoil. I even think another plant build might be a good move even if it is smaller than the current 350k plant. Would give enormous flexibility to keep up processing while shutdown maintenance occurs. Could also be used for larger flake or as feed for Vidalia ? Just a thought going forward. GLTA
 
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2 17634 33.0¢
 

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