SYR 1.10% 45.0¢ syrah resources limited

SYR SP Discussion, page-17

  1. 3,660 Posts.
    lightbulb Created with Sketch. 1078
    Good question. I have tried to think of a few things if a country goes broke , none of which will have immediate impact on SYR.
    a) The deterioting economy can produce civil unrest and even rebellion. Still it is amazing how mining continues in nasty places like the Democratic Republic of Congo. Costs would increase if mine managers have to be relocated and production impacted if mine temporarily closed at times. Possibly even mine infrastructure damaged.
    b) Transport infrastructure deteriorates from lack of funding (roads, wharves, vehicles), thereby increasing costs to SYR
    c) Since the company's revenue is in US$, a plunging Mozambique currency will reduce the impact of local costs on the bottom line.
 
watchlist Created with Sketch. Add SYR (ASX) to my watchlist
(20min delay)
Last
45.0¢
Change
-0.005(1.10%)
Mkt cap ! $465.7M
Open High Low Value Volume
46.0¢ 47.5¢ 45.0¢ $2.043M 4.431M

Buyers (Bids)

No. Vol. Price($)
16 529636 45.0¢
 

Sellers (Offers)

Price($) Vol. No.
45.5¢ 107453 15
View Market Depth
Last trade - 16.10pm 06/06/2024 (20 minute delay) ?
Last
45.5¢
  Change
-0.005 ( 0.91 %)
Open High Low Volume
46.5¢ 47.0¢ 45.0¢ 1694813
Last updated 15.59pm 06/06/2024 ?
SYR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.