SYR 4.35% 22.0¢ syrah resources limited

Ann: Commercial Production Declared at Balama, page-52

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  1. 5,747 Posts.
    lightbulb Created with Sketch. 120
    I work all in costs to be around $820
    If they hit guidance this quarter
    Should be down around $600
    Around cash flow neutral.

    Guidance is to burn through $20 million.
    I doubt capital spend will be that much.
    So I think they are not that confident of hitting target.....or expect sales price will
    drop even more with increase production.

    At some stage more capital at some stage appears inevitable.

    Cheers
 
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