SYR 2.27% 22.5¢ syrah resources limited

Ann: Syrah signs MoU for solar and battery project at Balama, page-17

  1. 1,415 Posts.
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    Lots of new posters here - I am sure many are legitimate and mean well.

    As a holder since 2018, I will tell you what I see - another MOU which can be cancelled at any time.

    This company has been built on two things - promises and shareholder dilution.

    Long standing holders (including Australian Super) are down massively and the only person in the green as shareholders I would have to say as buy and hold investors is Shaun Verner.

    Long term investors want concrete progress and are sick and tired of promises, market over-supply and the smoke and good cop bad cop pattern of making announcements like this followed by cap raises.

    My holdings are down over 63% and changes need to be made before any more investment of mine goes into this business - plenty more other companies actually walking the talk and making clear and measurable progress.
 
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