SYR 2.22% 22.0¢ syrah resources limited

lol at least this act of god event will provide management the...

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    lol at least this act of god event will provide management the necessary excuses for missing out on their too ambitious (unrealistic ?) first year of production/ramp up (2018) targets. i would rather say Syrah management are lucky/prescient with great foresight, each time they raise a 100M$ something terrible happens (the first time it was the damaged drying circuit for small flakes, and now this fire happens). Just think what would have happened if Syrah didnt raise the additional 200M$ the last 2 years....most mining projects suffer face techical challenges (including these kinds of accidents) during their ramp up phase, i would say usual business. Hopefully theu learn from the accident and they improve their safety/preventative maintenance/training of employees routines/programs to avoid something like that repeating itself in the future or at least limiting any potential damage in case of future accidents.
    Last edited by DoctorFouad: 02/10/18
 
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