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1.11%

22.3¢ syrah resources limited

Not sure you should be using that $77m figure as 'income'......

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Domero

268 Posts.

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30/01/19

12:18

Post #: 37263444
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Originally posted by Quechee: ↑

To all: Making sense of the numbers. From cash flow:
Cash flow statement:
.
Net increase / (decrease) in cash and cash
equivalents for the period
CASH START OF PERIOD 100,319 m
11 CASH END OF PERIOD DEC 31ST. 77 m

c     Cash used for Operations (production) 27M

Pr   Product produced and shipped    37,000 ton     (77m divide by 37K tons)
R    Revenue per ton                                     $729 per ton
       Cost per ton from report                         $550
                                                                       $170 per ton

       Syrah projects about $450 cost per ton based on higher volume 2019 or $270 per ton net gain per ton using low estimate of :
       170,000 tons 2019 x $270 = $45,000,000 positive cash flow. Syrah project increased revenue per ton based on more coarse Spherical, but that is not included.

If    IF we use Syrah projection of 250K tons for 2019 that would $67,000,000.
      IT would seem that Syrah is on stable ground with good cash flow projections. The drivers of this stock will
b    be the extra volume and price from battery storage and EV.

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Not sure you should be using that $77m figure as 'income'......

SYR Price at posting: $1.72 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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Last 22.3¢		Change -0.003(1.11%)		Mkt cap ! $232.8M

Open	High	Low	Value	Volume
22.5¢	23.0¢	21.5¢	$545.5K	2.503M

Buyers (Bids)

No.	Vol.	Price($)
11	247498	22.0¢

Sellers (Offers)

Price($)	Vol.	No.
22.5¢	269427	15

View Market Depth

No.	Vol.	Price($)
8	116062	1.070
10	209299	1.065
8	106613	1.060
6	96647	1.055
10	132219	1.050

Price($)	Vol.	No.
1.075	58078	4
1.080	70753	4
1.085	72117	5
1.090	103210	6
1.095	57928	2

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