My comment was more about you saying speeding things up. However, part of the $150m OTC loan is to help with the idle $4m costs until other AAM plants go into production.
When you run the numbers, SYR are saying Balama near full production c1 cost are $350-$390/t. With the weighted average sales price of say $690/t (not todays price) and it should go higher, selling 250kt a year (100kt for our own AAM plants) will produce a $75m/yr margin.
Ann: Change of Director's Interest Notice, page-11
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Last
41.8¢ |
Change
-0.013(2.91%) |
Mkt cap ! $437.2M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.0¢ | 41.5¢ | $987.1K | 2.343M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 272300 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 386139 | 46 |
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| Last trade - 13.30pm 12/06/2024 (20 minute delay) ? |
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Last
41.5¢ |
Change
-0.013 ( 3.56 %) |
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| Open | High | Low | Volume | ||
| 42.8¢ | 42.8¢ | 41.5¢ | 603780 | ||
| Last updated 13.48pm 12/06/2024 ? | |||||
| SYR (ASX) Chart |