SYR 2.27% 21.5¢ syrah resources limited

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

  1. 1,904 Posts.
    lightbulb Created with Sketch. 249
    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
 
watchlist Created with Sketch. Add SYR (ASX) to my watchlist
(20min delay)
Last
21.5¢
Change
-0.005(2.27%)
Mkt cap ! $232.8M
Open High Low Value Volume
22.0¢ 22.0¢ 21.5¢ $34.93K 160.4K

Buyers (Bids)

No. Vol. Price($)
19 695669 21.5¢
 

Sellers (Offers)

Price($) Vol. No.
22.0¢ 165929 12
View Market Depth
Last trade - 10.39am 29/11/2024 (20 minute delay) ?
SYR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.