SYR 12.5% 22.5¢ syrah resources limited

Ann: Trading Halt-SYR.AX, page-21

  1. 247 Posts.
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    OzPolarbear makes the raising of cash sound like a simple act that the other companies should have done if only they had read his posts and acted accordingly. Raising cash as SYR has done is not just having good relationships, it requires demonstrating to hard nosed institutions that there is a solid resource, a market, trustworthy people and a proper business plan in place. The cash raises have not happened just because Tolga was a broker and knew people. They happened because a quality board, with a highly energetic MD, was able to take the best graphite deposit in the world through the various regulatory and technical stages required to get it to being a real project.

    Why did I get a bit of sick in my mouth? Where do I start? Try re-reading the post below by ozpolarbear that received 56 likes from people sucked in by volume of text, bullet points and underlining:
    http://hotcopper.com.au/threads/pee...2600092/page-49?post_id=16063065#.V2IngPl96Uk

    The conclusion from that post is copied below if it hurts to much to read it all again:
    I presented the figure work some days back and said that TON has done all that SYR has done or more, and hence TON’s market price definitely needs to at least catch up if not be much more.
    The story is pretty clear above, and I hope that that no further words are necessary.

    Now you are posting on SYR giving congratulations. Forgive me for not valuing those congratulations. Perhaps look at bit harder at your analysis instead of just picking out the self affirming bits that suit you. The links to previous posts with 'I told you so here' comments look silly when your fundamental analysis and conclusions have been so badly exposed.
    Now, back to other things until Monday...
 
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Last
22.5¢
Change
0.025(12.5%)
Mkt cap ! $232.8M
Open High Low Value Volume
20.0¢ 22.8¢ 20.0¢ $775.3K 3.579M

Buyers (Bids)

No. Vol. Price($)
1 3500 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 421976 7
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Last trade - 16.10pm 12/09/2024 (20 minute delay) ?
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