SYR 4.26% 22.5¢ syrah resources limited

Ann: Interim Financial Statements - Half-year ended 30 June 2024, page-4

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  1. 776 Posts.
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    Yep very solid in trying conditions and consistent with recent results!! only worse. They managed to write off another 9 million related to Vidalia but not the construction?? I imagine it was more over spend they are trying to hide?? Their lack of ability to reign in costs has been atrocious IMO. They indicate they could draw down on the DOE loan in the third 1/4 - hope we get a confirmation soon then?? At least that will give some comfort they can stay afloat while they sell material from Vidalia to whoever will take it. Mid October we should get a picture on ex china demand going forward.
 
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