Absolutely, pumpher, the larger flake sizes command higher prices and, therefore, massive revenue margins. However, a company cannot simply "chase the coarse flake product"... their resource either has the more favourable distribution or it does not. Currently SYR is producing only 12% coarse flake. That can improve, of course, with getting the balancing act right. According to previous data the figure for coarse flake was 20%. SYR's resource is mostly fine flake and therein is the company's main issue.
Ann: Diggers & Dealers - MD Presentation, page-30
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Last
28.0¢ |
Change
0.020(7.69%) |
Mkt cap ! $289.7M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 28.5¢ | 26.5¢ | $1.102M | 4.039M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 159716 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 19998 | 1 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| SYR (ASX) Chart |