It's interesting how things play out , Moblan has always been ramped as the monster, yet NAL is almost as large overall (although less desirable attributes) and we actually have a larger net holding in NAL at 66mt than Moblan at 55.8mt.
Combined SYA have a net 121.8mt over two assets and one producing concentrator paid for and through its ramp up. That's a huge achievement since aquiring NAL just on 3 years ago.
The reallity of course is nothing has changed other than the resource size , it all means very little unless you can sell your product at a profit but to the extent it can thats being worked on and the priority as much as anything is preserving those assets even if it means ceasing operations for a while untill prices improve. Not ideal but not the end of the world either.
In a stronger market those assets have considerably more value than currently attributed to them.
Cheers Whisky
- Forums
- ASX - By Stock
- SYA
- Ann: Moblan Mineral Resource increases 81% to 93Mt
Ann: Moblan Mineral Resource increases 81% to 93Mt, page-43
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYA (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $329.3M |
Open | High | Low | Value | Volume |
3.3¢ | 3.3¢ | 3.2¢ | $743.1K | 23.12M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 2471889 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 8621987 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 2471889 | 0.032 |
58 | 13357771 | 0.031 |
80 | 17211820 | 0.030 |
27 | 8200958 | 0.029 |
28 | 9002239 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 8621987 | 13 |
0.034 | 6867119 | 15 |
0.035 | 15565232 | 23 |
0.036 | 11395594 | 34 |
0.037 | 15855807 | 53 |
Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
Featured News
SYA (ASX) Chart |