SYR 2.27% 21.5¢ syrah resources limited

Ann: Primary Classifier Unit Repair Progressing to Plan, page-10

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  1. 5,747 Posts.
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    I am very comfortable with my buy in.
    Not tempted to sell and wait for lower

    I would think things would have to fall apart
    To head under $1.20.

    I think management are looking to support the SP
    From here.
    As they should ....for a few reasons.
    One is if things are not as expected
    Then another CR would be at a low price
    Another is that The SP is now down 80%
    From its high......and now set up for commercial production.

    Annoucements to come.

    Classifier repaired
    Ramp up completed
    Cost of shutdown cost $20 million...not $30 million
    Production at steady state
    Cashflow positive.
    Commercial production.

    Cheers
 
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Last
21.5¢
Change
-0.005(2.27%)
Mkt cap ! $232.8M
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22.0¢ 22.0¢ 21.5¢ $70.82K 326.9K

Buyers (Bids)

No. Vol. Price($)
24 1099831 21.5¢
 

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Price($) Vol. No.
22.0¢ 151479 12
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