SYR 0.00% 22.5¢ syrah resources limited

I don't think shaun Verner presented at that conference. Our...

  1. 816 Posts.
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    I don't think shaun Verner presented at that conference. Our dear neighbour Battery Minerals did present and their numbers and forecasts are unreal.
    "Montepuez Basket Price US$1,064/t" but they take that price off Benchmark Mineral Intelligence who always guess wrong and to the upside.
    "C1 Opex (concentrate/t first 10yrs) US$361/t" looks good for selling the business to investors but not realised in the early stages or years or ever.

    As typical with mining projects, BAT talked up production by December last year and here we are in February with them finalising finance for the project. Continuing the bash (sneaky.png) BAT have an unsealed road over 50klm to the sealed highway that Syrah uses and we know what damage trucks do to dirt roads and worse with rain. BAT has much work to do so Syrah is safe from that additional product coming on for a long while.
    Last edited by Polly Waffle: 09/02/19
 
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