SYR 2.74% 35.5¢ syrah resources limited

Spot on. SYR still pays for the electricity over a 10yr period...

  1. 5,114 Posts.
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    Spot on. SYR still pays for the electricity over a 10yr period to cover the cost of the installation and maintenance. However, apart from the CO2 reductions, the diesel price in Moz is set by the Govt which is very expensive.

    The other interesting info was the campaign run was for 10 days and had to be in September. The maximum amount of concentrate they can produce in 10 days is 10kt. They may have sold more than 10kt during the quarter and run down their inventory of 29kt. We'll find out next Tuesday.
 
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