SYR 1.02% 49.5¢ syrah resources limited

Yeah, if they were selling Large and Jumbo into China they would...

  1. 180 Posts.
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    Yeah, if they were selling Large and Jumbo into China they would be still getting decent prices. Furthermore 50%of large flake demand is ex China. As I said 6kt of large and Jumbo is enough for them to get green numbers on the Balama project. 5kt per qtr +100mesh medium coarse flake isn't doing the job. Both BAM and expandable should be the focus, fines (in China) are insignificant from a Cashflow perspective. Even for the 96-98%FC they would be getting a mere 5-7 dollar premium per percentage point. Good thing is that probably every significant customer in China knows Syrah's product by now.
 
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