The company has re-iterated that they will be cashflow positive by Q1. Given the fact that they'e been fairly accurate with commercial production and guidance, one would think that positive cashflows are also to be expected by April.
Commercial production would mean production would have to be in the range of 240-250kt. Assuming an average modest $350/t sale price, I would estimate the cashflows to be at least approx. 20mil/ quarter.
DYOR
Ann: Commercial Production Declared at Balama, page-17
-
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SYR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.0¢ |
Change
-0.010(4.35%) |
Mkt cap ! $232.8M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.5¢ | 21.8¢ | $592.6K | 2.639M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 40540 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 132427 | 6 |
View Market Depth
| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| SYR (ASX) Chart |
