SYR 4.26% 22.5¢ syrah resources limited

Ann: Strong Results for Tanzanian Mineral Sands P, page-29

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 9,236 Posts.
    lightbulb Created with Sketch. 2
    re: Ann: Strong Results for Tanzanian Mineral... Tobyjack knows full well that the graphite will be concentrated on site, but tries to muddy the water by pretending otherwise.
    ------------------------------------------------------------

    That's a misleading statement Prime1 – It was cdchiI who stated SYR intends to be a “miner” only, which suggests they dig it up and ship it out.

    -----------------------------------------------------------
    because a few kilograms can command a high price, therefore the entire production from a mine will be sold at the same high price. In those famous words, you can tell them they're dreaming.
    -----------------------------------------------------------

    The discussion was on prices for Ultra Pure High Grade graphite vs Large Flake. As usual Prime1, you read it differently. No one has suggested company X’s entire production (which I understand they say will be across all grades – similar to SYR) will be in the price range of $2,500 - $5,000. Similarly SYR cannot claim it’s entire resource will fetch X price based on a few kilograms of samples it has released. Both companies need to “replicate these results consistently”.

    The company X in question has stated……. “Tech Minerals Consulting Group further advised that “...if X is capable of replicating these results consistently, then "the company will have a unique product in the natural graphite space". In assessing the potential markets for this graphite Tech Minerals Consulting Group stated that "such a product, properly introduced, is likely to be highly sought after by specialist manufacturers and end-users to include battery, polymers, ceramics, and high tech lubricants"…so there’s nothing misleading nor pipe dreaming in that statement.

    As a further comparison, Tech Minerals Consulting recently came up with a price for SER - "The average graphite price over the full range of products to be produced is expected to be A$1,337"

    SER's product is, according to report...........

    Premium large flake: -40 +60 mesh 16.05%
    Premium large flake: -60 +80 mesh 22.7%
    Large graphite flake: -80 + 150 mesh 14.7%
    Fine graphite flake: -150 + 300 mesh 46.50%

    Over half of SER's product is Premium/Large Flake. My point, therefore was/is ULTRA PURITY graphite 99%+ commands more than PREMIUM/LARGE FLAKE. It's no more complicated than that, unless you want to make it so.
 
watchlist Created with Sketch. Add SYR (ASX) to my watchlist
(20min delay)
Last
22.5¢
Change
-0.010(4.26%)
Mkt cap ! $232.8M
Open High Low Value Volume
23.5¢ 23.5¢ 22.5¢ $1.802M 7.921M

Buyers (Bids)

No. Vol. Price($)
24 1034048 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 443295 9
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
SYR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.