When you use % as a stand alone point to make your argument you have already undermined yourself. Pun intended.
% is only relevant when apportioned to quantity. SYR has over 100 million tonnes of inferred graphite. 16.14% of that graphite is jumbo and above. That is over 16 million tonnes of jumbo. In that 16 million tonnes of jumbo SYR has just over 3 million tonnes of extra jumbo (or in MNS speak that means Super Jumbo).
That is enough Jumbo and Extra Jumbo to supply the world for many years to come if needed. Do your own sums and be enlightened A.
But, as I have posted.................... it is not all about the size of flake when it comes to the end users specifications. There are many and varied end users and that number is growing by the year.
MNS have done well with their Offtakes and good on them. Good luck with all their future efforts to tick the outstanding boxes as well. Let us see how SYR go over the next few months and we will also see how your shorting goes. Good luck to you whatever your decision.
Cheers
MNS Price at posting:
23.0¢ Sentiment: None Disclosure: Not Held
SYR Price at posting:
$3.19 Sentiment: Hold Disclosure: Held
