It's an interesting thought, Bigstar, but I'm not sure just who is your intended audience. Most SYR holders are very aware that long strike length, and good EM surveys, do not a graphite mine make!
EM surveys give beautiful maps for a prospectus, even when the graphite content is only 5% - 7%. These days, that just doesn't cut it.
Rock chips and broad-brush surveys may well get the day-traders excited, but I suspect that many SYR shareholders have their sights set on strong long-term growth associated with business dominance, and a rich stream of dividends from the Balama operation. There have been a few quiet warnings of late about the likelihood of some of the newer, and smaller, entrants to the business ever establishing a mine. If they fail, what happens to investors' funds?
Comparing companies purely on the possibility of achieving multi-bagger returns is plain simplistic.
There is also a little thing called risk.
Cheers, Prime1
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20.0¢ |
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Mkt cap ! $206.9M |
Open | High | Low | Value | Volume |
20.5¢ | 21.0¢ | 20.0¢ | $744.3K | 3.677M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 339008 | 20.0¢ |
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Price($) | Vol. | No. |
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20.5¢ | 110000 | 1 |
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14 | 339008 | 0.200 |
17 | 1036979 | 0.195 |
19 | 1330039 | 0.190 |
4 | 382000 | 0.185 |
17 | 222996 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 110000 | 1 |
0.210 | 101721 | 3 |
0.215 | 93000 | 2 |
0.220 | 219991 | 2 |
0.225 | 451456 | 8 |
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