axe versus syr, page-8

"SYR is about 2 years ahead of AXE "

I beg to differ. AXE was in the graphite game in 2010. SYR didn't enter until a year later.

AXE has their own Lab set up.

AXE has their own in-house metallurgist.

SYR has not done anywhere near the amount of metallurgical testing that AXE has.

AXE has a Measured/Indicated/Inferred resource.

This is what SYR has....

Syrah would like to retract those forecast financial information statements that may imply economic viability on the basis that Syrah does not yet have reasonable grounds for those statements due to the inferred nature of its current mineral resources.

Shareholders are advised that these statements were predicated upon an appropriate portion of the Inferred Resources being upgraded in resource status, which has not occurred at this point in time. Infill drilling of the high grade zones at Balama is in progress. Accordingly, Syrah cautions shareholders from using those statements as the basis for investment decisions regarding shares in Syrah. Syrah refers investors to the various cautionary remarks and clarifying statements in its announcement of 12 June 2013.

How anyone can say SYR is 2 years ahead of AXE is beyond me