Syrah Resources Ltd (OTCPK:SRHYY)

$ 0.1791 0.037995 (26.93%) Market Cap: 166.75 Mil Enterprise Value: 317.37 Mil PE Ratio: 0 PB Ratio: 0.33 GF Score: 41/100

Q1 2019 Syrah Resources Ltd Earnings Call Transcript

Apr 29, 2019 / 12:01AM GMT

Transcript

Operator

Ladies and gentlemen, thank you for standing by and welcome to the Syrah Resources First Quarter 2019 Update. (Operator Instructions) I'd now like to hand the conference over to your first speaker today, Managing Director and CEO, Mr. Shaun Verner. Thank you. Please go ahead.

Shaun Verner

Syrah Resources Limited - MD, CEO & Director

Thank you very much. Good morning, and welcome to Syrah results for this first quarter of 2019 update. With me on the call today, we have David Corr, our Chief Financial Officer; and Nova Young, GM of Investor Relations.

Balama's operational performance in Q1 and the momentum in improvement in optimization programs on site has given us increased confidence for the rest of the year. Whilst there's much left do to capture recovery improvement, product mix and great opportunities, we're on a strong track. Natural Graphite pricing conditions are challenging today as we bring significant new volumes to market in a short space of time, but volume demand is strong for our products relative to the existing market. And we

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