SYR 10.7% 25.0¢ syrah resources limited

Trading halt, page-60

  1. 798 Posts.
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    I get a valuation range of $10-$20 depending on the assumptions. But even $15 looks like it is being conservative because SYR have recently been talking about being able to sell high grade graphite because their quality is so high. I didnt account for that. If that's the case I'm sure it could be $30-40 easily. But we dont know yet - depends how much of it they can sell into that market.

    They have the biggest vanadium and graphite mine in the world, enough to supply the world for 100 years or more. The valuation really comes down to what prices they can get, and what volumes they can sell each year. They probably don't even know that themselves yet, its too early.

    How long before it reaches $10? It should happen within the next 2 weeks I'd say.
 
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