Don't think this is as big a deal as the initial market reaction would suggest. Ongoing blockade of a mine in care & maintenance with one production run a quarter at most - is hardly the end of the world. It will become a bigger problem if it drags on for 6 months or more, which i think unlikely. The government will need to resolve the widespread civil disruption for the sake of the entire country, not just our mine. And the technical defaults on our US loans are force majeure related & through no fault of our own. Happy to look through this short term disappointment - it is really much more important what happens over the next 6-12 months.
SYR Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
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