SYR syrah resources limited

Revenue and expenses taking a hit is no surpriseThe year before...

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    Revenue and expenses taking a hit is no surprise

    The year before SYR sold 162kt of flake graphite at a higher average price than the ~92kt sold pertaining to this annual report

    The costs of sales is based on volume not sales price so comparing it to the drop in revenue is misleading. SYR also has a permanent sales workforce so there are fixed costs

    The year before SYR didn't have a fully staffed Vidalia and the associated expenses both salary and overheads which go with having a larger workforce. SYR are also pumping money into the Vidalia community as well as Balama.

    I'm wondering if selling 162kt of flake graphite from a single mine is a record.
 
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