SYR and TON are not in the same boat. SYR's high grade ore veins are at least 3 times thicker than TON's, which means that SYR's mining costs are going to be multiples smaller than TON's due to a dramatically reduced strip ratio. This is the core reason TON cannot maintain higher share prices at the moment. It's all well and good posting repeated dot points from announcements, but either analyse the data in a program or look at the cross-sectional delineation of each company's respective resources in their announcements. As I said the other day, good ore needs not only to be voluminous and high grade, but have suitable shape and structure too. SYR's ore structure is miles better.
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Last
0.9¢ |
Change
-0.002(18.2%) |
Mkt cap ! $14.11M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $259 | 26.13K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1280209 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 122784 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1280209 | 0.009 |
6 | 770529 | 0.008 |
4 | 492850 | 0.007 |
2 | 416660 | 0.006 |
2 | 899995 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 122784 | 2 |
0.012 | 491367 | 5 |
0.013 | 1538461 | 1 |
0.014 | 200000 | 2 |
0.015 | 1333333 | 1 |
Last trade - 15.57pm 12/07/2024 (20 minute delay) ? |
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