SYR 3.64% 26.5¢ syrah resources limited

Ann: Syrah Announces Resignation of Managing Director-SYR.AX, page-79

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  1. 6,066 Posts.
    lightbulb Created with Sketch. 882
    Could you please expand on the substantial orders in hand part?

    I could well be wrong but my understanding is SYR has 50K of orders
    for one year, total, out of a potential 330ktpa. So that's 15% of total production for one year, nothing for the rest of the life of mine is taken care of.

    In my book that's far from substantial.
    Substantial to my mind would be 50-60% minimum of
    quoted production for 5 years plus giving the changing space of
    EV and renewables.

    I think more apt figures here would be to quote how long can they keep up as a going concern with production and sales figures of this calibre
 
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