Also, scoping studies traditionally assess a range of processing rates, so would not be a surprise for Syrah to report on a range of options, rather than only one. Strategically this would allow them to communicate the high process rate opportunity (and this value) of the project.
However they can only carry one option into the Feasibility Study, so the question is: will they outline their preferred path for the stage of assessment?
Recently the ASX has been taking very tough stance with companies releasing production scenarios from inferred resources, so there is a chance we may see only limited anlayses provided in the next release.
cheers
gosouth
chart turning around nicely, page-16
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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 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SYR (ASX) Chart |