The graphite market's looking dire reading that. Natural flake has supposedly been crashed by SYR's volume. Just remember that when they talk high purity, they're talking 95-99%, not 5 9's. It's good news to see them reducing supply, because it should help to stabilise prices. SYR ramping up production during a US/Chinese trade war is ludicrous. But these things go in cycles, the trade war will pass and I am not going to sell when it's at the bottom.
It's at least interesting to see what's happened with SYR. They are aiming to bring production targets back to around just 5k a month! A level that we should be able to reach and likely with a better quality product. Hopefully, HXG's realistic/slow approach and market-side research will help to ensure we produce the right product and don't over leverage on development costs. The only problem is, no one's going to get it to production while the market's doom and gloom and the margins are lowered. Patience is required.
- Forums
- ASX - By Stock
- this the bottom
The graphite market's looking dire reading that. Natural flake...
-
- There are more pages in this discussion • 66 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HXG (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.25M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7500 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 123433 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7500 | 0.022 |
4 | 200000 | 0.020 |
3 | 466716 | 0.019 |
2 | 105393 | 0.018 |
1 | 300000 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 123433 | 3 |
0.023 | 2152480 | 3 |
0.024 | 597722 | 5 |
0.025 | 142545 | 2 |
0.026 | 294117 | 1 |
Last trade - 08.02am 06/05/2024 (20 minute delay) ? |
Featured News
HXG (ASX) Chart |
Day chart unavailable