SYR 11.7% 26.5¢ syrah resources limited

Like already stated, it's another "next quarter will be the...

  1. 189 Posts.
    lightbulb Created with Sketch. 30
    Like already stated, it's another "next quarter will be the one". I'm glad to see the shift to dry-bulk, even at 10,000t (a very small bulky) at $20k/day charter rate and allowing 32 days steaming at 10 knots works out to be $640k vs >$100/t for 10,000t @ $1m. Apart from cost savings it importantly will overcome the transport bottleneck.

    We need the company to communicate (a lot) more, lets hope we get updated on first bulk shipment as well as Vidalia FID in February. I can only guess the hold up of Bidens BBB has resulted in a delayed FID?
 
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