SYR

10.7%

25.0¢ syrah resources limited

Cartex Great comments. Glad to read I am not the only person...

First 3 Last

Share
Profile

Follow
Graphite

114 Posts.

1

24/06/15

10:49

Post #: 15519786
Share

Originally posted by cartex ↑

Interesting how analysts still do not understand that you cannot apply the concept of offtake to a graphite deposit as ALL natural flake graphite has to be qualified before sales can commence and it is virtually impossible to sell natural flake graphite before the resource is ever mined and concentrate produced.

By the way, SiO2 is inherent in ALL natural flake graphite and levels range from ~40% to ~57% depending on the location taking from a pit / resource and can also vary across the resource. SiO2 is measured as a percentage, so the comment about upgrading or purifying to liberate SiO2 plays only a small part in the overall cost to purify either through caustic or thermal liberation.

Secondly, any graphite company that believes it can flood the market and that prices will not crash are in a bewilderment that demonstrates a lack of understanding basic economic forces of supply and demand and market equilibrium. There are more than 10 mining operations in China that have 150,000 + MT of capacity that can increase at will and can crush any new entrants including the so called "mega" mines.

Finally, playing in price elastic markets (i.e. refectories, foundry, steel) in todays market environment for any new entrants is a very risky and dangerous game. New entrants will be forced to sell below production costs which will lead to shutdown as was seen from Flinders in their suspension of production announcement in the past two days.

The goal is define and understand less elastic markets which are opaque and difficult to penetrate and by doing so will provide for less elastic price mechanisms leading to higher average prices and margins.

Expand

Cartex

Great comments. Glad to read I am not the only person that has expressed all these concern for new Jr. Graphite Mining Companies.

Thanks for sharing your comments.

SYR Price at posting: $4.18 Sentiment: None Disclosure: Not Held
4 Upvote

0 Great analysis

Reply

Top Stories

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

MGU

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

VMS

Venture to sniff out high-grade REE targets at Jupiter project, WA

WGX

Westgold sets its sights on top five producer status through merger with Karora

NXG

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Is oil undervalued?

VMT

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

DVP

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

BOE

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

GRX

GreenX picks up prospective copper project in Germany

There are more pages in this discussion • 28 more messages in this thread...

First 3 Last

Add SYR (ASX) to my watchlist

(20min delay)
Last 25.0¢		Change -0.030(10.7%)		Mkt cap ! $258.7M

Open	High	Low	Value	Volume
27.0¢	27.0¢	25.0¢	$1.320M	5.179M

Buyers (Bids)

No.	Vol.	Price($)
30	1220614	25.0¢

Sellers (Offers)

Price($)	Vol.	No.
25.5¢	259858	3

View Market Depth

No.	Vol.	Price($)
17	605545	0.250
11	2634187	0.245
16	6359671	0.240
10	1259589	0.235
10	463895	0.230

Price($)	Vol.	No.
0.255	252054	2
0.260	144811	2
0.265	118550	3
0.270	297000	3
0.275	129886	4

Last trade - 16.10pm 02/08/2024 (20 minute delay)

SYR (ASX) Chart

Cartex Great comments. Glad to read I am not the only person...

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Venture to sniff out high-grade REE targets at Jupiter project, WA

Westgold sets its sights on top five producer status through merger with Karora

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Is oil undervalued?

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

GreenX picks up prospective copper project in Germany

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Cartex Great comments. Glad to read I am not the only person...

Top Stories

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Venture to sniff out high-grade REE targets at Jupiter project, WA

Westgold sets its sights on top five producer status through merger with Karora

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Is oil undervalued?

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

GreenX picks up prospective copper project in Germany

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News