The current market cap for Syrah - Taking into account Balama alone - is absolute peanuts compared to it’s enterprise value and quality and longevity of resource. Then add on Vidalia.
The political unrest is (hopefully) temporary.
Why take it private?
Faster decision making Easier restructuring Reduced regulatory burden (no quarterly reporting) Lower Compliance costs Reduced Audit and Legal fees Privacy and market optionality.
Cheers
DYOR IMO
SYR Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
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