SYR 0.00% 26.0¢ syrah resources limited

excellent quarterly

  1. 223 Posts.
    Looks like SYR management managed to include a few numbers in the Quarterly that the ASX previously had an issue with.

    1. Costs to mine gate - $100/tonne
    2. Costs to port (FOB) - $100/t
    3. Capital costs - less than $100m

    Maybe because they didn't try and call it a scoping study?

    I also like the following:

    1. $10.8m in the bank
    2. Vanadium metallurgy by the end of August
    3. The JORC upgrade is progressing well
    4. High grade zones are sensational and long life.

    All in all another excellent announcement and one which makes me feel happy that everything is on-track and proceeding well.
 
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