Syrah was always such a big whale that it was going to globally hammer the natural graphite price from undersupply to oversupply. In the long term that is to our benefit because it will suppress investment and force unprofitable mines closed. This means when the battery production goes exponential in the next 2-3 years there will be a systematic shortage for at least 5-10 years before new supply can react. Meanwhile the low price means SYR will need to adopt a cost conscious structure.
Syrah was always such a big whale that it was going to globally...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SYR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.0¢ |
Change
-0.010(4.35%) |
Mkt cap ! $232.8M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.5¢ | 21.8¢ | $592.6K | 2.639M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 40540 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 132427 | 6 |
View Market Depth
| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| SYR (ASX) Chart |
