China wont change for SYR for 30 months.
Gredmann deal is for 9k T a month.
Gredmann will be SYRs only fines supplier into China
The price is fixed.
SYR will sell course flake into China at the best price.
selling fines and course flake outside of China should bring a higher price
Course flake currently 12% of production about 30k T
Looking at becoming 20%
Improved pricing should help the bottom line as will product.
Overall drop in production still unknown but will be significant.
I want to see the quarterly before buying.
I want to have some hope of break even
Within the next 30 months
Otherwise they will be using Aus Supers money.
Cheers
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