Big call to spend 500 million on an expanded anode plant if you can't get Balama on track IMO. Somewhat fortunate they got the DOE loan.
I think you're confused. Nothing wrong with Balama except for lack of orders. The 45kt AAM plant once built will require 60-80 ktpa from Balama making it less dependent on Chinese demand.
Big call to spend 500 million on an expanded anode plant if you...
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23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $243.1M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.5¢ | 23.5¢ | $703.0K | 2.946M |
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| No. | Vol. | Price($) |
|---|---|---|
| 9 | 211145 | 23.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 110000 | 1 |
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| SYR (ASX) Chart |