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
49.5¢ |
Change
-0.025(4.81%) |
Mkt cap ! $424.6M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 52.5¢ | 49.0¢ | $2.212M | 4.409M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 433861 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 166107 | 12 |
View Market Depth
| Last trade - 15.29pm 20/05/2024 (20 minute delay) ? |
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Last
49.5¢ |
Change
-0.025 ( 3.88 %) |
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| Open | High | Low | Volume | ||
| 52.0¢ | 52.0¢ | 49.0¢ | 1088576 | ||
| Last updated 15.48pm 20/05/2024 ? | |||||
| SYR (ASX) Chart |