Citi long RBC short.
Who cares? if Syama can spit out solid numbers over coming quarters it will lend credibility (rightly or wrongly) to the other expansion plans and market will look favorably. I dont see a problem with retaining Ravenswood, it looks highly profitable post capex with low AUD backdrop, but build will probably be delayed. As long as they can keep it close to cash flow neutral in the mean time it's not a big deal IMO. See it as C&M while retaining workforce.
Ann: Quarterly Activities Report, page-49
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