SYR SP Discussion, page-141

Polly, you have some good comments to add, but I find you are struggling in your mind on trying to either be a short term trader or long term trader with this one. I find the tax implications to much trouble getting in and out and back in on a monthly, fortnightly or weekly basis.
Now we will all be eyes wide open come Monday morning, they usually release there qtly's early before market open, so plenty of time to set your bets.
Talking about bets.
My thoughts are;
- they need to keep the market informed of material changes to forecast.
- they did that back on the 18th June with an update on forcast
- so don't expect much different to that effect, otherwise it would be illegal.
- except I suspect a push back on BAM production date ie; Q1 2019 (instead of end of 2018)
- and expecting 32k in H1 and a down grade to 100k in H2 graphite produced.
- not a bad thing and still a good number.
- the cash flow thing won't matter too much as the BAM will be pushed back anyway, so weather there cash flow + Q4 or Q1-19 doesn't really matter.
Remember, 60yr mine life at 350kt/pa at 15%TGC - can someone tell me any other mine in the world (be it any other mineral on the planet) that has that sort ore body ???

Have a great weekend