Excellent question 8's. I think most people already know the answer that the synthetic product is much more expensive with both some negative and positive attributes in the EV world. But I doubt we will get a valid response for the obvious reason of his/her down ramping campaign.
Think about this.
SYR was valued at a $1B in 2014, 2105 and 2016 and this is when Balama over in Africa was just a patch of dirt, with no plant or infrastructure built. Yes the SP has been up and down since, but in 2018 it is completely de-risked now (note the BAM when it come on line, not if, is value added) with a fully built plant, processing and operating 24/7. And being optimized every day. Its really a no brainier, with a lot of positive news to look forward too. Have a look at ORE for all the doubters
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $212.1M |
Open | High | Low | Value | Volume |
20.0¢ | 21.0¢ | 19.8¢ | $843.2K | 4.160M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 332339 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 157107 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 332339 | 0.200 |
19 | 1056972 | 0.195 |
22 | 1206681 | 0.190 |
4 | 348000 | 0.185 |
15 | 252496 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 157107 | 3 |
0.215 | 61079 | 5 |
0.220 | 264991 | 3 |
0.225 | 209000 | 5 |
0.230 | 225000 | 4 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
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SYR (ASX) Chart |