ShareCafe Posted August 14, 2007 Share Posted August 14, 2007 Created by request: SYRAH RESOURCES LIMITED (SYR) Thankyou ShareScene.com Link to comment Share on other sites More sharing options...
melua Posted March 25, 2012 Share Posted March 25, 2012 Ridiculously priced at $80M market cap for the POTENTIAL of graphite. Link to comment Share on other sites More sharing options...
melua Posted April 16, 2012 Share Posted April 16, 2012 Rock solid. Tightly held and obviously plenty of people think it's still cheap. Link to comment Share on other sites More sharing options...
melua Posted April 17, 2012 Share Posted April 17, 2012 http://www.internationalresourcejournal.co..._resources.html "In terms of the graphite grade, we did some initial trenching and sent samples to MintekÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s large South African lab. The organic carbon grade of those was 11.2 per cent and we now know from our further work that those samples come from quite a low grade area,"Kehoe recaps."We believe weÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢ll get grades of about 20 per cent graphite. If thatÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s the case weÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢ll have a globally significant projectÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâہ¡ÃƒÆ’‚ÂÂbut that said we like to keep conservative." We await the latest results. SYR currently in a trading halt. Link to comment Share on other sites More sharing options...
melua Posted April 17, 2012 Share Posted April 17, 2012 "Ridiculously priced at $80M market cap for the POTENTIAL of graphite." I think I was a bit premature when I wrote that. The more I research, the more I like the story. Link to comment Share on other sites More sharing options...
nipper Posted April 17, 2012 Share Posted April 17, 2012 Worldwide "Graphite" market estimated to be worth US$12 Billion per annum: *Graphite Electrodes US$5.5 Billion *Carbon Fibres US$3.0 Billion *Specialty Graphite US$1.0 Billion - Blocks, Molds and Pieces *Granular & Powder US$1.0 Billion *All Other Graphite - Products US$1.5 Billion Annual natural graphite market (1.1Mt C) is similar size to Nickel market (1.3Mt Ni) New graphite markets in 'green' energy demand Li-ion batteries typically contain up to 20 times graphite as lithium. Why Graphite ? World supply is 82% from China and North Korea Traditional graphite markets in steel production are strong; growth 5% annum China exports drying up under new tariffs and regulations Graphite declared a "Strategic Mineral" akin to Lithium and REE's by USA and EU zone Compulsory growth - some countries legislating increased electric vehicles; EV Li-ion batteries use up to 90kg graphite each Consumers wanting reliable, timely and high quality supply Prices risen strongly since 2005 Link to comment Share on other sites More sharing options...
melua Posted April 17, 2012 Share Posted April 17, 2012 The price for large flake graphite (+80 mesh, 94-97%C graphite) is around $3,000/t at the moment. When I last looked a couple of years ago, I remember it was around $700/t. When I phoned a contact at a commodities trading house he alerted me to the current price. Apparantly demand will exceed supply by heaps for the next few years so higher prices than $3,000/t could be the norm for some time. SYR seem to be amassing a huge footprint in this space. Balama (Mozanbique) looks huge in POTENTIAL and if they have what they think they have at Balama, the share price will be a multiple of the current price. Only the drill bit will tell the story. These latest assays we are waiting on (trading halt) are from trenching samples. The actual drilling will start later this month with a diamond drill and an RC drill working in tandem. For those who like the story and feel they have missed the boat (they haven't IMO) the alternative entry is via CSE. CSE own 11M SYR shares or roughly 10% of SYR. Every 10c movement in SYR equates to a ~1c movement in CSE. Link to comment Share on other sites More sharing options...
melua Posted April 17, 2012 Share Posted April 17, 2012 Those results look tremendous. High average carbon content and some of the better samples came from a new exploration area. This looks as though it will be larger than they initially thought. Looking at the table of producers/explorers at the back end of the announcement clearly shows this Balama project has the potential to be one of the largest and highest grade graphite projects in the world. Link to comment Share on other sites More sharing options...
melua Posted April 18, 2012 Share Posted April 18, 2012 http://www.proactiveinvestors.com.au/compa...ite--27781.html Link to comment Share on other sites More sharing options...
flower Posted April 18, 2012 Share Posted April 18, 2012 proactiveinvestors or not--whats the betting this comes thudding down to 79c quick sharp? Link to comment Share on other sites More sharing options...
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