SYR 0.00% 26.0¢ syrah resources limited

Prime1,Used to be a shareholder but sold out sometime...

  1. 2,809 Posts.
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    Prime1,

    Used to be a shareholder but sold out sometime ago.
    Thinking of getting back in as someone highlighted the fact that its in the bottom of an ascending channel from a technical perspective and fundamentals look great.

    You stated:
    "It's easy to glaze over at the numbers, but what they mean is that the Ativa zone, alone - a small portion of the total orebody - could meet the entire current world demand for nearly ten years, mining low-cost high-grade ore."

    That's an impressive fact but is there a risk that when SYR commences production, there will be an oversupply situation in the market resulting in a collapse in the price of graphite?

    Interested to hear anyone's thoughts on this point.

    Thanks in advance.
 
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