PedroPiratinha,
Perhaps in your following of the graphite forums you missed this post (copied below) by maximusprofit made soon after the SYR off take announcement a few weeks ago.
May require a second napkin to tweak it a bit but reasonably easy to see why SYR might be attractive to investors.
redgum
Nice announcement!
I'm not an accountant but...
$1100-$400 cost per ton= 700usd
$700usX80000tons=$56,000,000usd.
56,000,000usd/.75=74,666,666aud
74,666,666aud/164,135,076 shares on issue= .455 = 45.5 cent dividend in a couple of years.
which is 11.37% dividend on a $4 share.
With more offtakes to come.
Please correct me if I'm wrong. Just wrote this down on the back of a napkin.
PedroPiratinha, Perhaps in your following of the graphite forums...
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Mkt cap ! $209.5M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
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|---|---|---|
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