Absolutely, pumpher, the larger flake sizes command higher prices and, therefore, massive revenue margins. However, a company cannot simply "chase the coarse flake product"... their resource either has the more favourable distribution or it does not. Currently SYR is producing only 12% coarse flake. That can improve, of course, with getting the balancing act right. According to previous data the figure for coarse flake was 20%. SYR's resource is mostly fine flake and therein is the company's main issue.
Ann: Diggers & Dealers - MD Presentation, page-30
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21.0¢ |
Change
0.010(5.00%) |
Mkt cap ! $217.3M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 20.0¢ | $278.6K | 1.346M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 172414 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 33436 | 2 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| SYR (ASX) Chart |