Only issue I have is the past bad reputation of Mr Vernor and his board to deliver on their promises. This time they claim costs per tonne will be reduced by 20% to 25%. At current level of US$570 a tonne they had want to. But will they deliver? And by 31/12/2019.
Hmmm. With spot price at only US$390 per tonne, they will still be losing money. Unless it improves.
maybe with reduced supply it will. But it would want to increase to US$500 a tonne.
Only issue I have is the past bad reputation of Mr Vernor and...
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $209.5M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 19.8¢ | $754.2K | 3.726M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 54636 | 20.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 284635 | 41 |
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| Last trade - 15.58pm 09/09/2024 (20 minute delay) ? |
| SYR (ASX) Chart |