SYR 4.44% 21.5¢ syrah resources limited

So a little bit of history, page-58

  1. 1,456 Posts.
    lightbulb Created with Sketch. 3
    Just confirming with this stock, they mention the average price they get for graphite is US $500-$600.

    Cash costs are US $550 trending downwards to US $400.

    If I use US $500 as an average cash cost (in case the trend isn't realised)

    And the targeted production for 2019 is 250Kt.

    Then 250000 x US $600 = 150,000,000 minus cash costs of 125,000,000 = US25 million profit without any other expenses
    like wages, admin, etc etc etc etc.

    Not too much room for error.
 
watchlist Created with Sketch. Add SYR (ASX) to my watchlist
(20min delay)
Last
21.5¢
Change
-0.010(4.44%)
Mkt cap ! $232.8M
Open High Low Value Volume
22.5¢ 23.0¢ 21.5¢ $356.0K 1.629M

Buyers (Bids)

No. Vol. Price($)
19 678246 21.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 379546 4
View Market Depth
Last trade - 10.20am 25/11/2024 (20 minute delay) ?
SYR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.