The DFS/BFS for SYR has been delayed/pushed-back/postponed at least 4 times over pst few years. Reasons/excuses when provided have been meagre and not convincing. Towards end of last year SYR said the DFS WILL be released 'early in 2015'. I take that to be by/before mid-Feb. So that means we should have DFS explaining the details of what it will take to get SYR into production within next 30 days.
All prev ann indicate the extraction and purification of G at SYR will be a simple process. Hence, i expect the DFS will confirm this. Recent price action has been positive despite ASX falling significantly since year start. Seems mkt is fairly convinced management will keep their word this time.
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24.0¢ |
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Mkt cap ! $248.3M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
25 | 4529626 | 24.0¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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23 | 4449626 | 0.240 |
17 | 1502311 | 0.235 |
12 | 537257 | 0.230 |
6 | 414937 | 0.225 |
9 | 1291254 | 0.220 |
Price($) | Vol. | No. |
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0.245 | 302204 | 5 |
0.250 | 405291 | 10 |
0.255 | 184688 | 6 |
0.260 | 289811 | 4 |
0.265 | 14000 | 1 |
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