SYR 2.17% 23.5¢ syrah resources limited

SYR Charts, page-2543

  1. 744 Posts.
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    Little ironic graphite and SYR stayed pretty low while all the lithium stocks exploded and lithium went up. Now when Li drops so does graphite companies? All I read lately is that graphite supply (especially fine SYR has) will be in deficit given demand, prices are rising (coming into China winter) and recently talk that coarse graphite might need to be milled to help supply. SYR is well progressed, vertically integrated and well financed to take advantage of the graphite and natural anode demand to 2025 and beyond, freight rates down dramatically as well so the only sticking point with SYR seems to be production out of Balama. Offtake announcements pending and confirmation Balama has ramped up should bode well for a s/p recovery from here?? GLTA (also had a thought like Proga that a drop in Li wouldn’t be all bad for SYR as overall costs of the batteries could fall or at least remain stable and absorb a rising graphite price).
 
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Last
23.5¢
Change
0.005(2.17%)
Mkt cap ! $243.1M
Open High Low Value Volume
23.5¢ 24.5¢ 23.5¢ $703.0K 2.946M

Buyers (Bids)

No. Vol. Price($)
9 211145 23.5¢
 

Sellers (Offers)

Price($) Vol. No.
24.0¢ 110000 1
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
SYR (ASX) Chart
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