Think the geo political risk is being overdone here. Business as usual for syrah.
The Cabo Delgado province where the attacks are occuring and where Balama is located is 82,625km square. So even though its 7+ hour drive away it is being translated into production risk.
Something working in our favour is Anadarko LNG facility. American petroleum and natural gas outfit offshore in Cabo Delgado, much closer to the unrest. The resources available to Anadarko (US and Mozambique authorities) should see appropriate response to the violence and further secure their investment. Which in turn will help syr.
Balama is fully security fenced and has a permanent security presence, has emergency response procedures and continues normal operation.
Great levels to continue to add to holdings.
Dyor.
Think the geo political risk is being overdone here. Business as...
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Last
51.5¢ |
Change
-0.010(1.90%) |
Mkt cap ! $441.3M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 53.5¢ | 51.5¢ | $1.648M | 3.142M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 130445 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.0¢ | 42538 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
52.0¢ |
Change
-0.010 ( 2.09 %) |
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| Open | High | Low | Volume | ||
| 53.5¢ | 53.5¢ | 51.8¢ | 877504 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| SYR (ASX) Chart |