SYR 2.04% 24.0¢ syrah resources limited

SYR SP Discussion, page-417

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    Expect a boring Report Friday. But look for both a closing of the gap between cost and breakeven. Once breakeven is reached, Syrah is using others peoples money to both operate and expand (3d to 4th Qtr.). Also capital consumption is slowing as more positive cash flow is achieved. That gives Syrah a longer runway to achieve profitability. Again expect only progress, not the ultimate outcome.
 
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