SRX sierra rutile holdings limited
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News: SRX Sierra Rutile Says Q1 2023 Rutile Production Of 32Kt, Down 13% On Q4 2022

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    28/04/23
    11:00
    Post #: 67500946

    April 28 (Reuters) - Sierra Rutile Holdings Ltd (SRX) :

    • Q1 2023 RUTILE PRODUCTION OF 32KT, DOWN 13% ON Q4 2022
    • 2023 GUIDANCE REITERATED
    • Q3 EXPECTED TO BE FCF POSITIVE AS A RESULT OF ORE STOCKPILED AHEAD OF WET SEASON
    • LOWER CASH GENERATION ANTICIPATED IN Q2 DUE TO LOWER SALES IN Q1 COMPARED TO Q4 2022
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