Not paid for this but 260kozs for Syama with 400k tonnes already sitting on the ROM is a disaster compared to expectation spruiked...... They've also finally classified the $750 AISC for Syama as a target when it has always been defined as a LOM rate until now..... Ravenswood is also now over A$1700 AISC.........And for all those saying there is enough cash no need for cap raise......we know nothing John Snow.......Until we see the Balance Sheet and see how much is still owing to Creditors who pulled out all stops to fix the roaster we just don't know......To that I would add the gearing could be a concern as it is much worse than it was 6 months ago and re-financing may be more difficult....... Syama at 260kozs was a real disappointment for me.
RSG Price at posting:
$1.11 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)