Yep unfortunately SYRs offtakes were not very well executed. Pricing too low. That’s what happens when you are in a hurry to get the offtakes. They even did an in house DFS which omitted the freight charges at the time which made the price per tonne look awfully good which in turn created SH wealth and they were able to raise squillions. Now when reality hit they’re paying the price. Their low offtake obligations have been filled. They seem to have managed to get the mine working better now. This pricing surely can’t stay low forever. As you very well know their minerals are not the same as Ancuabe. Not going to go into that one again.
I absolutely want SYR to succeed and especially for their SHs. Hoping they’re next quarter shows better figures. That’s the difference I want them to succeed where as it seems to me you don’t want TON to succeed at all. Why, well that baffles most on here.
cheers
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Yep unfortunately SYRs offtakes were not very well executed....
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4 | 534764 | 0.007 |
7 | 3575306 | 0.006 |
6 | 4939995 | 0.005 |
3 | 1125250 | 0.004 |
Price($) | Vol. | No. |
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0.010 | 1834280 | 10 |
0.011 | 90905 | 2 |
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