SYR 0.00% 22.5¢ syrah resources limited

Ann: Q1 2019 Interim Update, page-59

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  1. 282 Posts.
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    What you may have added that fines were a larger part of the shipments. In the next qtr. coarse grades will be a better part of the mix, cost reduction program in progress will continue (for example SYR reduced interest expense by retiring a large debt note), and prices will improve as low price orders have been satisfied (25% of last qtr. orders). Best reliability is management is keeping their promises and executing their business plan. Frankly they are better managers than I would have given them credit for based on year ago results.
 
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