SYR (ASX) Media Reports

Originally posted by Gvan: ↑

From Euros Hartleyz coverage on stage 2 expansion:

"Expansion to +100ktpa anode

TLG released a scoping study in December 2020 for an expansion to add 85ktpa anode. Thestudy is based on underground mining reducing the visual and potential environmentalfootprint. The scoping study capex was US$1.2b. We assume the expansion occurs in ourmodel, but defer it to 2029-2031 to be conservative. We see potential that the expansion issooner to meet customer demand. In our valuation,we assume expansion to 105ktpa nameplate by end CY2030"

More recent coverage from Petra sees production by 2026 for stage 1. This is after readjusting their projection due to the appeals taking longer than expected.

Talga also has a non-binding agreement to supply ACC with 60k tons of anode for 5 years by 2026. Whether that changes once binding, we will find out. But as you can see, I have plenty of dates from multiple sources that disprove what you are saying. Because Syrah had issues ramping production, does not mean that another company with an entirely different resource will. It's possible, but that remains to be seen.

Expand

Don't own Talga

Don't want to own Talga

Not interested in hearing about Talga

Do we have to retitle this thread Media Reports on Syrah Resources for the message to get through?

Enough. No more than enough.

Originally posted by Gvan: ↑

From Euros Hartleyz coverage on stage 2 expansion:

"Expansion to +100ktpa anode

TLG released a scoping study in December 2020 for an expansion to add 85ktpa anode. Thestudy is based on underground mining reducing the visual and potential environmentalfootprint. The scoping study capex was US$1.2b. We assume the expansion occurs in ourmodel, but defer it to 2029-2031 to be conservative. We see potential that the expansion issooner to meet customer demand. In our valuation,we assume expansion to 105ktpa nameplate by end CY2030"

More recent coverage from Petra sees production by 2026 for stage 1. This is after readjusting their projection due to the appeals taking longer than expected.

Talga also has a non-binding agreement to supply ACC with 60k tons of anode for 5 years by 2026. Whether that changes once binding, we will find out. But as you can see, I have plenty of dates from multiple sources that disprove what you are saying. Because Syrah had issues ramping production, does not mean that another company with an entirely different resource will. It's possible, but that remains to be seen.

Expand

Originally posted by Gvan: ↑

From Euros Hartleyz coverage on stage 2 expansion:

"Expansion to +100ktpa anode

TLG released a scoping study in December 2020 for an expansion to add 85ktpa anode. Thestudy is based on underground mining reducing the visual and potential environmentalfootprint. The scoping study capex was US$1.2b. We assume the expansion occurs in ourmodel, but defer it to 2029-2031 to be conservative. We see potential that the expansion issooner to meet customer demand. In our valuation,we assume expansion to 105ktpa nameplate by end CY2030"

More recent coverage from Petra sees production by 2026 for stage 1. This is after readjusting their projection due to the appeals taking longer than expected.

Talga also has a non-binding agreement to supply ACC with 60k tons of anode for 5 years by 2026. Whether that changes once binding, we will find out. But as you can see, I have plenty of dates from multiple sources that disprove what you are saying. Because Syrah had issues ramping production, does not mean that another company with an entirely different resource will. It's possible, but that remains to be seen.

Expand

No.	Vol.	Price($)
7	135210	46.0¢

No.

Vol.

Price($)

135210

46.0¢

Price($)	Vol.	No.
46.5¢	44373	2

Price($)

Vol.

No.

46.5¢

44373

No.	Vol.	Price($)
7	135210	0.460
13	342970	0.455
24	719392	0.450
6	195019	0.445
20	243476	0.440

No.

Vol.

Price($)

135210

0.460

342970

0.455

719392

0.450

195019

0.445

243476

0.440

Price($)	Vol.	No.
0.465	44373	2
0.470	130077	4
0.475	104964	8
0.480	147336	8
0.485	172401	5

Price($)

Vol.

No.

0.465

44373

0.470

130077

0.475

104964

0.480

147336

0.485

172401

(20min delay)
Last 46.0¢		Change -0.005(1.08%)		Mkt cap ! $394.6M

Open	High	Low	Value	Volume
46.0¢	46.5¢	45.0¢	$1.295M	2.835M


Last 46.0¢		Change -0.005 ( 1.05 %)
Open	High	Low	Volume
46.0¢	46.3¢	45.0¢	932994
Last updated 15.59pm 09/05/2024 ?

Featured News

CBA profits fall 3% in March quarter but funding portfolio is flourishing

UNITH's digital humans expand into Amazon; Facebook

Prominence impresses the market with uranium grading 5,269ppm in Kazakhstan

Recce breathes better on positive lung infection drug pilot test results

Raiden opens door to private Mallina in win-win Arrow Gold divestment

Buyers (Bids)

Sellers (Offers)

Featured News

Featured News

Top Stories

CBA profits fall 3% in March quarter but funding portfolio is flourishing

UNITH's digital humans expand into Amazon; Facebook

Prominence impresses the market with uranium grading 5,269ppm in Kazakhstan

Recce breathes better on positive lung infection drug pilot test results

Raiden opens door to private Mallina in win-win Arrow Gold divestment

Buyers (Bids)

Sellers (Offers)

Featured News