SYR 0.00% 44.0¢ syrah resources limited

SYR SP Discussion, page-17

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    Good question. I have tried to think of a few things if a country goes broke , none of which will have immediate impact on SYR.
    a) The deterioting economy can produce civil unrest and even rebellion. Still it is amazing how mining continues in nasty places like the Democratic Republic of Congo. Costs would increase if mine managers have to be relocated and production impacted if mine temporarily closed at times. Possibly even mine infrastructure damaged.
    b) Transport infrastructure deteriorates from lack of funding (roads, wharves, vehicles), thereby increasing costs to SYR
    c) Since the company's revenue is in US$, a plunging Mozambique currency will reduce the impact of local costs on the bottom line.
 
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