Just to be replaced another $600k a year CEO with absolutely no guarantee of any change in the situation, you need to get your head around that the problem here is the price of concentrate and its something that CEO's have absolutely no say in however good they may think they are.
Didn't realise there are so many keyboard warriors who seem to think that tossing JB who has considerable experience in mining in tough times, kept us out of debt and cashed up for that very reason and also lessons from previous experience, is the answer to the current situation..be very carefull what you wish for.
The solution for the current situation is relatively simple, cut costs, which they are doing for obvious reasons and hope like hell the price of concentrate stops falling and reverses before C&M becomes the next step. There are no magic bullets or white nights.
As a producer all SYA is doing is reflecting in its MC what earnings might be in FY24 and the current price of concentrate indicates that's likely to be none or less unless there is a big change over the next 6 months...
Cheers Whisky
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