SYR 1.90% 51.5¢ syrah resources limited

SYR Charts, page-2017

  1. 5,068 Posts.
    lightbulb Created with Sketch. 855
    Spot on chokdee.

    It will be interesting to see how much they were able to ship in the Dec qtr and if the use of break bulk shipping helped. In the shipping update on 17/9 they said they have 45kt in sales for the Dec qtr. Then a month later in the quarterly, sales were at 50kt. They had in their inventory 25kt at the end of the Sept qtr including some at Vidalia.

    They also managed over the last 2 qtrs to significantly increase their recoverable rates from 68% to 76%, then 82%. In the month of Sept, they produced 15kt at 85% recoverable at C1 cost of US$430/t. Hopefully this can be maintained or further increased to lower the C1 cost further. The grades for the mineral resource we are mining are 15.79%, however it looks like the top section of the resource is higher at 18%.

    https://hotcopper.com.au/data/attachments/3948/3948160-d584ac5ae05a3e4699333e73cbc18464.jpg

    All eyes will be on the weighted average price. Hoping for +$600. The higher figure in Mar was for only 2kt which I presume was large size flake. I don't think the Chinese were wanting any of our cheaper fines at the time.

    https://hotcopper.com.au/data/attachments/3948/3948166-65dc7437e5ed771209180b03df93d25c.jpg





 
watchlist Created with Sketch. Add SYR (ASX) to my watchlist
(20min delay)
Last
51.5¢
Change
-0.010(1.90%)
Mkt cap ! $441.3M
Open High Low Value Volume
53.5¢ 53.5¢ 51.5¢ $1.648M 3.142M

Buyers (Bids)

No. Vol. Price($)
6 130445 51.5¢
 

Sellers (Offers)

Price($) Vol. No.
53.0¢ 42538 2
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
52.0¢
  Change
-0.010 ( 2.09 %)
Open High Low Volume
53.5¢ 53.5¢ 51.8¢ 877504
Last updated 15.59pm 03/05/2024 ?
SYR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.