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.
My comment was more about you saying speeding things up....
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Last
26.0¢ |
Change
0.005(1.96%) |
Mkt cap ! $270.9M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 27.3¢ | 25.5¢ | $634.3K | 2.391M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 379430 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 40672 | 5 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| SYR (ASX) Chart |