our neighbour, page-2

SYR:
25/1/12 - speeding ticket, share price has gone from .20 to .28
Market cap $32million - drilling yet to commence at Balama

21/2/12 - speeding ticket , share price has gone from .54c to .64
Market cap $74 million - drilling yet to commence at Balama

1/3/12 - Balama Project update - drilling hasnt even started yet, only trenchwork and samples - share price closes at 70c - Market cap $80 million

11/4/12 - share placement $6million raised at 60cents, share price closes at 68cents - $81 million market cap

18/4/12 - Assay results, 328 samples from 8 trenches received, average trench grade 14.5% with highest being 23.3%
Share price closes at 89c - Market cap $106 million

4/5/12 - share price closes at $1.33 Market cap $166 million

18/5/12 -Drilling commences at Balama, share price closes at .94c
Market cap $117 million

23/5/12 - Exceptional first drill interception, share price closes at $1.82
Market cap $227 million

31/5/12 - Exceptional drill interceptions continue at Balama, share price closes at $2.80, market cap $350 million

21/12/12 - Significant drill assays from Balama East, share price closes at $2.69 - 134 million shares on issue - market cap $360 million

6/2/13 - Balama East drilling assays - share price closes at $3.31 - market cap $450 million

26/4/13 - share price hits $1.64, shares on issue now 147 million - market cap $241 million

21/10/13 - Further exceptional assays from infill drilling at Balama, share price closes at $3 - $445 million market cap

12/12/13 - $35 million raised at $2.55

25/3/14 - Balama East upgraded resource - share price closes at $3.61
Market cap $584 million

Makes you wonder why and how TON could have a market cap of $35 million after drilling 2 RC holes at Nicanda Hill that have returned similar grades to SYRs first drill (23/5/12) which intersected av graphite of 12.7% and SYR at the time had a market cap of $227 million.

TON reported similar grades on 22/1/14 with up to 28.6% average graphite over the 1st 2 Nicancda RC drills. SYR did go to 287metres v TON 185m and 150m.

If TON can find similar grades over the 220 metres drilled at GBNC0005 and during the diamond drill which could go to 280/300 metres, then surely this would warrant a $150 million market cap / 60 cents a share.
That would be a conservative price in my opinion based on SYR price history.
lI would be disappointed if we didnt reach $1 if grades are 11% average over the next 2 holes.