SYR is about 2 years ahead of AXE so have already given sample lots to various end users and had grade confirmed and resource size.
AXE will move much faster as more punters understand the unique future for high purity graphite. AXE will have end user test results soon and a JORC in a few months. This will continue to increase in size as more drilling is done to follow up 'hot spots'. An early JORC would be possible with resource open ended. Just need enough to make it financially viable, knowing more will be discovered.
They have a customer waiting here in Oz! QHL (Quicksteps) who are trying to secure supply of ultra fine graphite.
Have a read up on QHL. Even more exciting than graphite!!
I hope they are talking to one another. AXE research lead me to QHL. I see these as 2 great stocks to own.
DYOR
axe versus syr, page-6
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