Tough morning across the board. nvx Syr pls lyc for example all down similar margins.
Could it be Syrahs fortune in timing evades them again. On the cusp of FID Ann and top notch quarterly - markets in US - elsewhere dropping considerably and our SP dipping from recent highs as a result. Markets - Will it turn in time for next week or two critical releases to capitalise max.
Anyway long journey - markets will do as they do - as will Syrah and looking at next couple of weeks exciting but nothing on next couple of years.
Verner stated 10kt anode production by next year. The funding for that will be known very soon. Then we watch that progress and into production along with Balama continued profits - additional shipping - solar plant (ESG) - Then the real progress - more offtakes - funding for 40-50kt he speaks of - sooner than later obviously - perhaps as soon as 2024.
Literally tracking NVX whom have funding for 10kt - we will anyway now and they also target 2025 for 50kt. Yet we have Balama - Tesla binder - really fail to see disparity in sp. It will be addressed.
SYR Charts, page-2122
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Mkt cap ! $416.0M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 48.0¢ | $195.7K | 405.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 83962 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 48.5¢ | 74341 | 20 |
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| Last trade - 11.34am 13/05/2024 (20 minute delay) ? |
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Change
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| Open | High | Low | Volume | ||
| 48.5¢ | 48.5¢ | 48.0¢ | 220144 | ||
| Last updated 11.53am 13/05/2024 ? | |||||
| SYR (ASX) Chart |