Just confirming with this stock, they mention the average price they get for graphite is US $500-$600.
Cash costs are US $550 trending downwards to US $400.
If I use US $500 as an average cash cost (in case the trend isn't realised)
And the targeted production for 2019 is 250Kt.
Then 250000 x US $600 = 150,000,000 minus cash costs of 125,000,000 = US25 million profit without any other expenses
like wages, admin, etc etc etc etc.
Not too much room for error.
So a little bit of history, page-58
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Last
31.0¢ |
Change
-0.010(3.13%) |
Mkt cap ! $320.8M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 32.0¢ | 31.0¢ | $312.2K | 994.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 1334321 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 246906 | 27 |
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| Last trade - 11.32am 10/07/2024 (20 minute delay) ? |
| SYR (ASX) Chart |