No they have announced they have 400 K of feed stock which will result in about 60k of saleable product depending on grade. This will take a number of weeks to process and ship so one can probably say no sales until end of quarter, hopefully. Last campaign run of 24k costs were us$460 per tonne so one would hope they can get close or better to this on what should be an extended run. Average sale price achieved will depend on production mix of fine/coarse, best they have achieved is 86/14 let's hope they can get close to that and then they should at least make a profit.
As for Tesla it was fairly clear in the last quarterly where that was up to and one can be assured that sales will not start for a while yet due to commercial considerations by agreement.
Syr was originally talking 2026 when things would finally kick of but 2027 is now being mentioned.
SYR Price at posting:
41.0¢ Sentiment: Hold Disclosure: Held
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