SYR syrah resources limited

scoping study, page-4

  1. 2,039 Posts.
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    Hi Mike,

    Thanks for the summary. One correction worth noting - the Base Case Capex is for a mining and processing operation of 1.2 million tonnes per annum. The 400K t/y case has obviously been covered in the actual Scoping Study, but not detailed in the announcement today.

    Given that SYR have already stated that they believe they can sell 220K tonnes of graphite in the first year, I doubt if they will give much consideration to the low-volume (400K tonnes of ore per year) case mentioned as an alternative in the Snowden Study.

    Cheers, Prime1
 
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