"Perhaps the people who should be looking over their shoulders are the smaller prospectors in Canada, Australia, and elsewhere."
Today Thyssen Krupp signed an Offtake LOI for 20,000tpa with a "smaller" prospect - KNL. They seem to be concentrating in looking forward, not over their shoulder.
SYR needs to take a leaf out of their book perhaps? Worry about their own affairs and not so much their competitors. The Credit Suisse note put out today, as described by lute (I haven't read), four pages comparing SYR and TON's deposit, with the suggestion that "Triton's Nicanda Hill does not yet appear to be of commercial value" is an example.
We all know Credit Suisse's history with SYR - they are paid to say nice things about their client.
Are we going to get TON's broker putting out a similar comparison - showing why theirs is better than SYR's?
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