Hopefully a pivot point finally. No joy to me they still expend US $4million per month (yes per month) at Balama on low volume / care /maintenance. I imagine it's fixed costs associated with the Govt or local authorities / security? It buys a lot of grease and oil and labour in Mozambique I imagine? Anyway, price was better but offset by higher costs. They got some commercial samples away to Tesla and others post quarter so there should be some positive news coming for first sales out of vidalia. Looks like China and ex China natural demand will increase from here. Need still the support from the US but if all falls in place, we should see a higher SP but not overly bullish given the value decline over the last 18 months. At one stage $3-4 looked quite close, now that target for me has halved and that's all going well. GLTA
SYR Price at posting:
53.3¢ Sentiment: Buy Disclosure: Held
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