SYR 2.17% 22.5¢ syrah resources limited

As old quarterly pricing contracts expire they are getting much...

  1. 264 Posts.
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    As old quarterly pricing contracts expire they are getting much better pricing on the new contracts. Guidance is US$500 to US$580 per tonne. However, market is still in slight surplus so can't see any surprise on the upside - unless there is an update on Vandium Reserves or some positives from battery plant in Louisiana. Example, 1 or 2 customers likes the product and locks in a good size order. Have to also hope China keeps closing some of its graphite mines.

    Good God with a 50 year mine life, now operating and producing, large Vanadium reserve, $500 million in equity already raised thus far, its market value is now only $440 million (@$1.10 cents per share). Surely if someone wanted to take it over, now is the time to do it. Shareholders just gotta hope is $2.50 or higher.
 
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Last
22.5¢
Change
-0.005(2.17%)
Mkt cap ! $232.8M
Open High Low Value Volume
23.5¢ 23.5¢ 22.5¢ $729.3K 3.194M

Buyers (Bids)

No. Vol. Price($)
37 1008211 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 170524 2
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
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