Haaaa... still loving all the cry babies sitting on the side lines not holding down ramping hoping it doesn't gap away too far from them come the Announcement. It's out of our hands now girls and boys.. the global markets have a whiff of it now and your pultry contributions (and mine) will have no affect on what rolls out over the next few months so take your medicine and get on or get out of the way. Mcplough... mate.. you really have sunken to new lows... lower than a snakes belly and what I have come to expect from those caught out by the TH and no doubt we will see a lot more of before Tuesday.
I think it's fair to say we should be gapping up to previously acknowledged fair value of of 70c but having said that many more positive drilling results have been returned since then and as per SMP Securities analyst just stated "Given Syrah’s market capitalisation is currently $600 million, albeit more advanced, we feel there is scope for a favourable re-rating of Triton as it advances its Balama North project."
So I suppose the question is, how much better is TON's JORC to SYR's and given we we anticipate Off-takes by years end should we even be discounted to SYR... Short answer NO.
I can see $2+ by Xmas no prob.
This of course is just IMHO
KL - Suck it up on the side-lines.
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