SYR 5.00% 28.5¢ syrah resources limited

Some good points: some production and shipping above my...

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  1. 776 Posts.
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    Some good points: some production and shipping above my expectations. Solar up and running. Looks like shipping and diesel might get a bit cheaper although Middle East not helping. I’m a tad annoyed at the expenses however. 4 million a month to keep the operations in stand by mode seem a lot. I’m also a little perplexed at the increased costs for Vidalia. April estimation was 180million with maybe another 6. July was 190 million so they spent the other 6 and 4million more on top. Now September it’s up to 198 million. Only another 20 million more in nine months?? Chicken feed for them it seems? Yep things should improve during China winter but I have a big watch on management. Without the loans where would they be? Hope the material from Vidalia is adequate and a slow ramp up to 45 would be ok at this point. GLTA (I think they need some luck).
 
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